Directional Decomposition of Multiattribute Utility Functions. Academic Article uri icon

abstract

  • Abstract. Several schemes have been proposed for compactly representing multiattribute utility functions, yet none seems to achieve the level of success achieved by Bayesian and Markov models for probability distributions. In an attempt to bridge the gap, we propose a new representation for utility functions which follows its probabilistic analog to a greater extent. Starting from a simple definition of marginal utility by utilizing reference values, we define a notion of conditional utility which satisfies additive analogues of the chain rule …

publication date

  • October 13, 2009

published in

  • ADT  Journal