Optimizability of utility and value functions

Terry P. Harrison, Richard E. Rosenthal

Research output: Contribution to journalArticlepeer-review

2 Scopus citations

Abstract

For more than a decade, multiattribute utility/value theory and multiobjective mathematical programming have offered different approaches to similar problems. Unfortunately, the two areas have developed with little interaction in spite of their common aims. We consider the use of utility/value functions in a mathematical programming framework, and demonstrate that these functions often possess desirable properties from an optimization point of view. We conclude that a hybridization of approaches is more viable than is perhaps commonly assumed.

Original languageEnglish (US)
Pages (from-to)411-418
Number of pages8
JournalNaval Research Logistics (NRL)
Volume35
Issue number3
DOIs
StatePublished - Jun 1988

All Science Journal Classification (ASJC) codes

  • Modeling and Simulation
  • Ocean Engineering
  • Management Science and Operations Research

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