A New Method to Teach Multi-Attribute Utility Assessment
| Autor: | R. Peter Fynn, Jane M. Fraser |
|---|---|
| Rok vydání: | 1990 |
| Předmět: |
Economics and Econometrics
Utility independence business.industry Computer science media_common.quotation_subject General Engineering Extension (predicate logic) Machine learning computer.software_genre Education Term (time) Tree (data structure) Multi-attribute utility Natural (music) Artificial intelligence Function (engineering) business Representation (mathematics) computer media_common |
| Zdroj: | The Engineering Economist. 36:11-20 |
| ISSN: | 1547-2701 0013-791X |
| DOI: | 10.1080/00137919008903028 |
| Popis: | This paper presents a new and better method for teaching the derivation of the appropriate form of a multi-attribute utility function under various assumptions of utility independence. This new method has three advantages over the usual mathematical method for teaching this subject. First, because our method is a natural elaboration of the method often used to teach single-attribute utility assessment, students learn multi-attribute utility assessment as an extension of single-attribute utility assessment. Second, because our method uses the same visual representation used in teaching single-attribute utility assessment (the tree), students who learn by using visual representations may learn the multi-attribute concepts better. Finally, our method clarifies the assessments needed to determine the weights for each term in the multi-attribute utility function. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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