A Robust Additive Multiattribute Preference Model using a Nonparametric Shape-Preserving Perturbation

This paper develops a multiattribute preference ranking rule in the context of utility robustness. A nonparametric perturbation of a given additive reference utility function is specified to solve the problem of ambiguity and inconsistency in utility assessments, while preserving the additive structure and the decision maker’s risk preference under each criterion. A concept of robust … Read more