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Decisions with Multiple Objectives

New York: Wiley (1976)

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  1. Moral uncertainty, noncognitivism, and the multi‐objective story.Pamela Robinson & Katie Steele - 2022 - Noûs 57 (4):922-941.
    We sometimes seem to face fundamental moral uncertainty, i.e., uncertainty about what is morally good or morally right that cannot be reduced to ordinary descriptive uncertainty. This phenomenon raises a puzzle for noncognitivism, according to which moral judgments are desire-like attitudes as opposed to belief-like attitudes. Can a state of moral uncertainty really be a noncognitive state? So far, noncognitivists have not been able to offer a completely satisfactory account. Here, we argue that noncognitivists should exploit the formal analogy between (...)
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  • (2 other versions)Discovering Warrants in Political Argumentation.Irmtraud Gallhofer & Willem Saris - 2021 - Informal Logic 42 (4):641-676.
    Philosophers deny a proposal for actions can be deduced from arguments for or against the proposal because they may be incompatible. Nevertheless, people in general, and politicians especially, make decisions and present arguments they believe are convincing. We studied politicians who made decisions in complex situations. They spoke about possible actions, their consequences, the probabilities of these consequences and their evaluations, but rarely indicated why their arguments led to their choice. We hypothesized implicit argumentation rules involved and checked whether they (...)
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  • What does incommensurability tell us about agency?Luke Elson - 2021 - In Henrik Andersson & Anders Herlitz (eds.), Value Incommensurability: Ethics, Risk. And Decision-Making. New York, NY: Routledge. pp. 181-198.
    Ruth Chang and Joseph Raz have both drawn far-reaching consequences for agency from the phenomenon of incommensurability. After criticizing their arguments, I outline an alternative view: if incommensurability is vagueness, then there are no substantial implications for agency, except perhaps a limited form of naturalistic voluntarism if our reasons are provided by desires.
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  • Students’ Reasoning About Whether to Report When Others Cheat: Conflict, Confusion, and Consequences.Talia Waltzer, Arvid Samuelson & Audun Dahl - 2022 - Journal of Academic Ethics 20 (2):265-287.
    Nearly all students believe academic cheating is wrong, yet few students say they would report witnessed acts of cheating. To explain this apparent tension, the present research examined college students’ reasoning about whether to report plagiarism or other forms of cheating. Study 1 examined students’ conflicts when deciding whether to report cheating. Most students gave reasons against reporting a peer (e.g., social and physical consequences, a lack of responsibility to report) as well as reasons in favor of reporting (e.g., concerns (...)
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  • Expert deference as a belief revision schema.Joe Roussos - 2020 - Synthese (1-2):1-28.
    When an agent learns of an expert's credence in a proposition about which they are an expert, the agent should defer to the expert and adopt that credence as their own. This is a popular thought about how agents ought to respond to (ideal) experts. In a Bayesian framework, it is often modelled by endowing the agent with a set of priors that achieves this result. But this model faces a number of challenges, especially when applied to non-ideal agents (who (...)
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  • An externalist decision theory for a pragmatic epistemology.Brian Kim - 2018 - In Brian Kim & Matthew McGrath (eds.), Pragmatic Encroachment in Epistemology. New York: Routledge.
    In recent years, some epistemologists have argued that practical factors can make the difference between knowledge and mere true belief. While proponents of this pragmatic thesis have proposed necessary and sufficient conditions for knowledge, it is striking that they have failed to address Gettier cases. As a result, the proposed analyses of knowledge are either lacking explanatory power or susceptible to counterexamples. Gettier cases are also worth reflecting on because they raise foundational questions for the pragmatist. Underlying these challenges is (...)
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  • Social Preference Under Twofold Uncertainty.Philippe Mongin & Marcus Pivato - forthcoming - Economic Theory.
    We investigate the conflict between the ex ante and ex post criteria of social welfare in a new framework of individual and social decisions, which distinguishes between two sources of uncertainty, here interpreted as an objective and a subjective source respectively. This framework makes it possible to endow the individuals and society not only with ex ante and ex post preferences, as is usually done, but also with interim preferences of two kinds, and correspondingly, to introduce interim forms of the (...)
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  • Preference reversals in judgment and choice.Marcus Selart - 1994 - Gothenburg University Press.
    According to normative decision theory there exists a principle of procedure invariance which states that a decision maker's preference order should remain the same, independently of which response mode is used. For example, the decision maker should express the same preference independently of whether he or she has to judge or decide. Nevertheless, previous research in behavioral decision making has suggested that judgments and choices yield different preference orders in both the risky and the riskless domain. In the latter, the (...)
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  • Updating on the Credences of Others: Disagreement, Agreement, and Synergy.Kenny Easwaran, Luke Fenton-Glynn, Christopher Hitchcock & Joel D. Velasco - 2016 - Philosophers' Imprint 16 (11):1-39.
    We introduce a family of rules for adjusting one's credences in response to learning the credences of others. These rules have a number of desirable features. 1. They yield the posterior credences that would result from updating by standard Bayesian conditionalization on one's peers' reported credences if one's likelihood function takes a particular simple form. 2. In the simplest form, they are symmetric among the agents in the group. 3. They map neatly onto the familiar Condorcet voting results. 4. They (...)
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  • Ranking Multidimensional Alternatives and Uncertain Prospects.Philippe Mongin - 2015 - Journal of Economic Theory 157:146-171.
    We introduce a ranking of multidimensional alternatives, including uncertain prospects as a particular case, when these objects can be given a matrix form. This ranking is separable in terms of rows and columns, and continuous and monotonic in the basic quantities. Owing to the theory of additive separability developed here, we derive very precise numerical representations over a large class of domains (i.e., typically notof the Cartesian product form). We apply these representationsto (1)streams of commodity baskets through time, (2)uncertain social (...)
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  • Interpersonal comparisons of utility: Why and how they are and should be made.Peter J. Hammond - 1991 - In Jon Elster & John E. Roemer (eds.), Interpersonal comparisons of well-being. New York: Cambridge University Press. pp. 200--254.
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  • Two-phase deontic logic.Leendert Van der Torre & Yao-Hua Tan - 2000 - Logique Et Analyse 43 (171–172):411-456.
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  • Interpersonal comparisons of utility for 2 of 3 types of people.R. Duncan Luce - 2010 - Theory and Decision 68 (1-2):5-24.
    This article argues that there is a natural solution to carry out interpersonal comparisons of utility when the theory of gambles is supplemented with a group operation of joint receipts. If so, three types of people can exist, and the two types having multiplicative representations of joint receipt have, in contrast to most utility theories, absolute scales of utility. This makes possible, at least in principle, meaningful interpersonal comparisons of utility with desirable properties, thus resolving a long standing philosophical problem (...)
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  • Rationality and uncertainty.Amartya Sen - 1985 - Theory and Decision 18 (2):109-127.
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  • The St. Petersburg gamble and risk.Paul Weirich - 1984 - Theory and Decision 17 (2):193-202.
    One resolution of the St. Petersburg paradox recognizes that a gamble carries a risk sensitive to the gamble's stakes. If aversion to risk increases sufficiently fast as stakes go up, the St. Petersburg gamble has a finite utility.
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  • Advances in multiattribute utility theory.Peter H. Farquhar - 1980 - Theory and Decision 12 (4):381-394.
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  • Assessment response surface: Investigating utility dependence on probability.Mark R. McCord & Richard De Neufville - 1985 - Theory and Decision 18 (3):263-285.
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  • A Process Approach to the Utility for Gambling.Marc Le Menestrel - 2001 - Theory and Decision 50 (3):249-262.
    This paper argues that any specific utility or disutility for gambling must be excluded from expected utility because such a theory is consequential while a pleasure or displeasure for gambling is a matter of process, not of consequences. A (dis)utility for gambling is modeled as a process utility which monotonically combines with expected utility restricted to consequences. This allows for a process (dis)utility for gambling to be revealed. As an illustration, the model shows how empirical observations in the Allais paradox (...)
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  • Dominance and Efficiency in Multicriteria Decision under Uncertainty.F. Ben Abdelaziz, P. Lang & R. Nadeau - 1999 - Theory and Decision 47 (3):191-211.
    This paper proposes several concepts of efficient solutions for multicriteria decision problems under uncertainty. We show how alternative notions of efficiency may be grounded on different decision ‘contexts’, depending on what is known about the Decision Maker's (DM) preference structure and probabilistic anticipations. We define efficient sets arising naturally from polar decision contexts. We investigate these sets from the points of view of their relative inclusions and point out some particular subsets which may be especially relevant to some decision situations.
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  • Game theory.Don Ross - 2008 - Stanford Encyclopedia of Philosophy.
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  • Risk and diversification in theory choice.Alexander Rueger - 1996 - Synthese 109 (2):263 - 280.
    How can it be rational to work on a new theory that does not yet meet the standards for good or acceptable theories? If diversity of approaches is a condition for scientific progress, how can a scientific community achieve such progress when each member does what it is rational to do, namely work on the best theory? These two methodological problems, the problem of pursuit and the problem of diversity, can be solved by taking into account the cognitive risk that (...)
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  • Expected utility and risk.Paul Weirich - 1986 - British Journal for the Philosophy of Science 37 (4):419-442.
    The rule to maximize expected utility is intended for decisions where options involve risk. In those decisions the decision maker's attitude toward risk is important, and the rule ought to take it into account. Allais's and Ellsberg's paradoxes, however, suggest that the rule ignores attitudes toward risk. This suggestion is supported by recent psychological studies of decisions. These studies present a great variety of cases where apparently rational people violate the rule because of aversion or attraction to risk. Here I (...)
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  • Prisoners' Dilemmas and Reciprocal Altruists.John J. Tilley - 1999 - Philosophia 27 (1-2):261-272.
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  • Comparing alternatives in the law.Jaap Hage - 2004 - Artificial Intelligence and Law 12 (3):181-225.
    This paper argues the thesis that a particular style of reasoning, qualitative comparative reasoning (QCR), plays a role in at least three areas of legal reasoning that are central in AI and law research, namely legal theory construction, case-based reasoning in the form of case comparison, and legal proof. The paper gives an informal exposition of one particular way to deal with QCR, based on the author’s previous work on reason-based logic (RBL). Then it contains a substantially adapted formalisation of (...)
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  • Hard choices: A sociological perspective on value incommensurability. [REVIEW]Eric Cohen & Eyal Ben-Ari - 1993 - Human Studies 16 (3):267 - 297.
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  • Policymaking under scientific uncertainty.Joe Roussos - 2020 - Dissertation, London School of Economics
    Policymakers who seek to make scientifically informed decisions are constantly confronted by scientific uncertainty and expert disagreement. This thesis asks: how can policymakers rationally respond to expert disagreement and scientific uncertainty? This is a work of non-ideal theory, which applies formal philosophical tools developed by ideal theorists to more realistic cases of policymaking under scientific uncertainty. I start with Bayesian approaches to expert testimony and the problem of expert disagreement, arguing that two popular approaches— supra-Bayesianism and the standard model of (...)
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  • Axiomatic rationality and ecological rationality.Gerd Gigerenzer - 2019 - Synthese 198 (4):3547-3564.
    Axiomatic rationality is defined in terms of conformity to abstract axioms. Savage limited axiomatic rationality to small worlds, that is, situations in which the exhaustive and mutually exclusive set of future states S and their consequences C are known. Others have interpreted axiomatic rationality as a categorical norm for how human beings should reason, arguing in addition that violations would lead to real costs such as money pumps. Yet a review of the literature shows little evidence that violations are actually (...)
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  • The Strength of Ethical Matrixes as a Tool for Normative Analysis Related to Technological Choices: The Case of Geological Disposal for Radioactive Waste.Céline Kermisch & Christophe Depaus - 2018 - Science and Engineering Ethics 24 (1):29-48.
    The ethical matrix is a participatory tool designed to structure ethical reflection about the design, the introduction, the development or the use of technologies. Its collective implementation, in the context of participatory decision-making, has shown its potential usefulness. On the contrary, its implementation by a single researcher has not been thoroughly analyzed. The aim of this paper is precisely to assess the strength of ethical matrixes implemented by a single researcher as a tool for conceptual normative analysis related to technological (...)
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  • The Locality and Globality of Instrumental Rationality: The normative significance of preference reversals.Brian Kim - 2014 - Synthese 191 (18):4353-4376.
    When we ask a decision maker to express her preferences, it is typically assumed that we are eliciting a pre-existing set of preferences. However, empirical research has suggested that our preferences are often constructed on the fly for the decision problem at hand. This paper explores the ramifications of this empirical research for our understanding of instrumental rationality. First, I argue that these results pose serious challenges for the traditional decision-theoretic view of instrumental rationality, which demands global coherence amongst all (...)
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  • On the Quantitative Doctrine of the Mean.Joe Mintoff - 2013 - Southern Journal of Philosophy 51 (4):445-464.
    Aristotle's doctrine of the mean is expressed in quantitative terms, but this has been hard for some people to take literally, its more elaborate versions sometimes being described as “extremely silly.” Roughly two books of the Nicomachean Ethics are permeated with talk of character traits which are either deficient or excessive, however, and the aim of this paper is to examine how the doctrine might meet the objections of its critics.
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  • Empirical evidence of two-attribute utility dependence on probability.Mark R. McCord & Oscar Franzese - 1993 - Theory and Decision 35 (3):337-351.
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  • Ethical Issues in Engineering Models: An Operations Researcher’s Reflections.J. Kleijnen - 2011 - Science and Engineering Ethics 17 (3):539-552.
    This article starts with an overview of the author’s personal involvement—as an Operations Research consultant—in several engineering case-studies that may raise ethical questions; e.g., case-studies on nuclear waste, water management, sustainable ecology, military tactics, and animal welfare. All these case studies employ computer simulation models. In general, models are meant to solve practical problems, which may have ethical implications for the various stakeholders; namely, the modelers, the clients, and the public at large. The article further presents an overview of codes (...)
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  • Précis of simple heuristics that make us Smart.Peter M. Todd & Gerd Gigerenzer - 2000 - Behavioral and Brain Sciences 23 (5):727-741.
    How can anyone be rational in a world where knowledge is limited, time is pressing, and deep thought is often an unattainable luxury? Traditional models of unbounded rationality and optimization in cognitive science, economics, and animal behavior have tended to view decision-makers as possessing supernatural powers of reason, limitless knowledge, and endless time. But understanding decisions in the real world requires a more psychologically plausible notion of bounded rationality. In Simple heuristics that make us smart (Gigerenzer et al. 1999), we (...)
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  • The agent'ss ethics in the principal-agent model.Øyvind Bøhren - 1998 - Journal of Business Ethics 17 (7):745-755.
    This paper evaluates the current use of the Principal Agent Model (PAM) in accounting and finance, focusing on the agent'ss use of private information. The agent'ss behavioral norms in the the PAM deviate from commonly held ethical values in society, from models of man in conventional economic theory, and also from behavioral foundations of related business school fields like corporate strategy, business ethics, and human resource management. Still, it would be unwise to reject the PAM solely because of its distasteful (...)
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  • (1 other version)Towards a Model of Argument Strength for Bipolar Argumentation Graphs.Erich Rast - 2018 - Studies in Logic, Grammar and Rhetoric 55 (1):31-62.
    Bipolar argument graphs represent the structure of complex pro and contra arguments for one or more standpoints. In this article, ampliative and exclusionary principles of evaluating argument strength in bipolar acyclic argumentation graphs are laid out and compared to each other. Argument chains, linked arguments, link attackers and supporters, and convergent arguments are discussed. The strength of conductive arguments is also addressed but it is argued that more work on this type of argument is needed to properly distinguish argument strength (...)
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  • The multiattribute linear ballistic accumulator model of context effects in multialternative choice.Jennifer S. Trueblood, Scott D. Brown & Andrew Heathcote - 2014 - Psychological Review 121 (2):179-205.
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  • Inquiry and deliberation in judicial systems : the problem of jury size.Staffan Angere, Erik J. Olsson & Emmanuel Genot - unknown
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  • Invariant multiattribute utility functions.Ali E. Abbas - 2010 - Theory and Decision 68 (1-2):69-99.
    We present a method to characterize the preferences of a decision maker in decisions with multiple attributes. The approach modifies the outcomes of a multivariate lottery with a multivariate transformation and observes the change in the decision maker’s certain equivalent. If the certain equivalent follows this multivariate transformation, we refer to this situation as multiattribute transformation invariance, and we derive the functional form of the utility function. We then show that any additive or multiplicative utility function that is formed of (...)
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  • A descriptive multi-attribute utility model for everyday decisions.Jie W. Weiss, David J. Weiss & Ward Edwards - 2010 - Theory and Decision 68 (1-2):101-114.
    We propose a descriptive version of the classical multi-attribute utility model; to that end, we add a new parameter, momentary salience, to the customary formulation. The addition of this parameter allows the theory to accommodate changes in the decision maker’s mood and circumstances, as the saliencies of anticipated consequences are driven by concerns of the moment. By allowing for the number of consequences given attention at the moment of decision to vary, the new model mutes the criticism that SEU models (...)
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  • A Parallel between Regret Theory and Outranking Methods for Multicriteria Decision Making Under Imprecise Information.Gül Özerol & Esra Karasakal - 2008 - Theory and Decision 65 (1):45-70.
    Incorporation of the behavioral issues of the decision maker (DM) is among the aspects that each Multicriteria Decision Making (MCDM) method implicitly or explicitly takes into account. As postulated by regret theory, the feelings of regret and rejoice are among the behavioral issues associated with the entire decision making process. Within the context of MCDM, the DM may feel regret, when the chosen alternative is compared with another one having at least one better criterion value. PROMETHEE II is a widely (...)
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  • (1 other version)Homo Heuristicus: Why Biased Minds Make Better Inferences.Gerd Gigerenzer & Henry Brighton - 2009 - Topics in Cognitive Science 1 (1):107-143.
    Heuristics are efficient cognitive processes that ignore information. In contrast to the widely held view that less processing reduces accuracy, the study of heuristics shows that less information, computation, and time can in fact improve accuracy. We review the major progress made so far: the discovery of less-is-more effects; the study of the ecological rationality of heuristics, which examines in which environments a given strategy succeeds or fails, and why; an advancement from vague labels to computational models of heuristics; the (...)
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  • Error Propagation in the Elicitation of Utility and Probability Weighting Functions.Pavlo Blavatskyy - 2006 - Theory and Decision 60 (2-3):315-334.
    Elicitation methods in decision-making under risk allow us to infer the utilities of outcomes as well as the probability weights from the observed preferences of an individual. An optimally efficient elicitation method is proposed, which takes the inevitable distortion of preferences by random errors into account and minimizes the effect of such errors on the inferred utility and probability weighting functions. Under mild assumptions, the optimally efficient method for eliciting utilities and probability weights is the following three-stage procedure. First, a (...)
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  • The outranking approach and the foundations of electre methods.Bernard Roy - 1991 - Theory and Decision 31 (1):49-73.
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  • Reasoning the fast and frugal way: Models of bounded rationality.Gerd Gigerenzer & Daniel Goldstein - 1996 - Psychological Review 103 (4):650-669.
    Humans and animals make inferences about the world under limited time and knowledge. In contrast, many models of rational inference treat the mind as a Laplacean Demon, equipped with unlimited time, knowledge, and computational might. Following H. Simon's notion of satisficing, the authors have proposed a family of algorithms based on a simple psychological mechanism: one-reason decision making. These fast and frugal algorithms violate fundamental tenets of classical rationality: They neither look up nor integrate all information. By computer simulation, the (...)
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  • Multiple Objectives: A Neglected Problem in the Theory of Human Action.Stephen Ellis - 2006 - Synthese 153 (2):313-338.
    The options that people face are rarely ideal: they are good in some ways and poor in others. People have problems choosing among such options because they don’t know which ends to favor. Multiple objectives pose a problem not only for decision makers, but also for our account of decision making. People act to achieve their ends given their beliefs. In order to handle decisions with multiple objectives, however, this story must be supplemented by an account of which ends are (...)
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  • Jaffray’s ideas on ambiguity.Peter P. Wakker - 2011 - Theory and Decision 71 (1):11-22.
    This paper discusses Jean-Yves Jaffray’s ideas on ambiguity and the views underlying his ideas. His models, developed 20 years ago, provide the most tractable separation of risk attitudes, ambiguity attitudes, and ambiguity beliefs available in the literature today.
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  • The idea of “ethical accounting” for a livestock farm.Karsten Klint Jensen & Jan Tind Sørensen - 1998 - Journal of Agricultural and Environmental Ethics 11 (2):85-100.
    This paper presents the idea of a decision-support system for a livestock farm, called “ethical accounting”, to be used as an extension of traditional cost accounting. “Ethical accounting” seeks to make available to the farmer information about how his decisions affect the interests of farm animals, consumers and future generations. Furthermore, “ethical accounting” involves value-based planning. Thus, the farmer should base his choice of production plan on reflections as to his fundamental objectives, and he should make his final decision only (...)
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  • Reframing Business Sustainability Decision-Making with Value-Focussed Thinking.Julia Benkert - 2020 - Journal of Business Ethics 174 (2):441-456.
    Per definition business sustainability demands the integration of environmental, social, and economic outcomes. Yet, managerial decision-making involving sustainability objectives is fraught with tension and the way managerial decision-makers frame sustainability issues in their mindset influences how sustainability tensions are managed at the organisational level. In the bid to better understand what types of managerial mindsets, or cognitive frames, foster integrative business sustainability practices that simultaneously advance environmental, social, and economic objectives, extant research has focussed on the underlying logics that drive (...)
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  • The Generalized Means Model for non-deterministic decision making: Its normative and descriptive power, including sketch of the representation theorem.Hector A. Munera - 1985 - Theory and Decision 18 (2):173-202.
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  • Multiattribute utility theory: A survey.Mustafa R. Yilmaz - 1978 - Theory and Decision 9 (4):317-347.
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