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Letter to the Editor—A Note on Recent Developments in Additive Utility Theories for Multiple-Factor Situations

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  • Peter C. Fishburn

    (Research Analysis Corporation, McLean, Virginia 22101)

Abstract

Many significant developments in theories of additive values or utilities have come forth in the past few years. This note summarizes these developments for research workers interested in the subjective evaluation of multiple-factor alternatives. In particular, assumptions (axioms) that permit the use of an additive-value formula are presented. These may enable one to test the warrantability of an additive procedure in specific situations where the theory might be applied.

Suggested Citation

  • Peter C. Fishburn, 1966. "Letter to the Editor—A Note on Recent Developments in Additive Utility Theories for Multiple-Factor Situations," Operations Research, INFORMS, vol. 14(6), pages 1143-1148, December.
    • Handle: RePEc:inm:oropre:v:14:y:1966:i:6:p:1143-1148
    DOI: 10.1287/opre.14.6.1143
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    Cited by:

    1. Andrea C. Hupman & Jay Simon, 2023. "The Legacy of Peter Fishburn: Foundational Work and Lasting Impact," Decision Analysis, INFORMS, vol. 20(1), pages 1-15, March.
    2. Grigoroudis, Evangelos & Noel, Laurent & Galariotis, Emilios & Zopounidis, Constantin, 2021. "An ordinal regression approach for analyzing consumer preferences in the art market," European Journal of Operational Research, Elsevier, vol. 290(2), pages 718-733.
    3. Manuel Sousa & Maria Fatima Almeida & Rodrigo Calili, 2021. "Multiple Criteria Decision Making for the Achievement of the UN Sustainable Development Goals: A Systematic Literature Review and a Research Agenda," Sustainability, MDPI, vol. 13(8), pages 1-37, April.
    4. Marinakis, Vangelis & Doukas, Haris & Xidonas, Panos & Zopounidis, Constantin, 2017. "Multicriteria decision support in local energy planning: An evaluation of alternative scenarios for the Sustainable Energy Action Plan," Omega, Elsevier, vol. 69(C), pages 1-16.

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