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Methods of Estimating Additive Utilities

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  • Peter C. Fishburn

    (Research Analysis Corporation)

Abstract

Additive utility formulations for risky and nonrisky multiple-factor decision situations are reviewed. Twenty-four methods of estimating additive utilities are listed and classified. References to the theory and technique of each method are given along with a short discussion of each. A number of examples are used to illustrate the methods.

Suggested Citation

  • Peter C. Fishburn, 1967. "Methods of Estimating Additive Utilities," Management Science, INFORMS, vol. 13(7), pages 435-453, March.
    • Handle: RePEc:inm:ormnsc:v:13:y:1967:i:7:p:435-453
    DOI: 10.1287/mnsc.13.7.435
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