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Foundations of Multiattribute Utility

By: Ali E. Abbas (Author)

Ksh 13,860.00
Format :

Format(s): DRM EPUB

ISBN-13: 9781108547581

Publisher: Cambridge University Press

Imprint: Cambridge University Press

Publication Date: June 28th, 2018

Country of Publication: US

Language: English

Physical Edition EAN: 9781107150904

Category: Decision theory: general , Psychology , Econometrics , Management decision making , Probability & statistics , Optimization

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  • Description

  • Author Bio

Many of the complex problems faced by decision makers involve uncertainty as well as multiple conflicting objectives. This book provides a complete understanding of the types of objective functions that should be used in multiattribute decision making. By using tools such as preference, value, and utility functions, readers will learn state-of-the-art methods to analyze prospects to guide decision making and will develop a process that guarantees a defensible analysis to rationalize choices. Summarizing and distilling classical techniques and providing extensive coverage of recent advances in the field, the author offers practical guidance on how to make good decisions in the face of uncertainty. This text will appeal to graduate students and practitioners alike in systems engineering, operations research, business, management, government, climate change, energy, and healthcare.

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