An analytical framework for aggregating multiattribute utility functions

An analytical framework for aggregating multiattribute utility functions

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Article ID: iaor20072578
Country: United Kingdom
Volume: 57
Issue: 10
Start Page Number: 1241
End Page Number: 1247
Publication Date: Oct 2006
Journal: Journal of the Operational Research Society
Authors: ,
Keywords: utility
Abstract:

This paper proposes a procedure for aggregating individual cardinal utility functions into a social utility function that represents the preferences of all the individuals as a whole. The procedure is non-interactive and is based upon the determination of the utility consensus values. This is accomplished by minimizing a distance function model that is transformed into an Archimedean goal programming problem. The procedure is applied to a general group multilinear utility function.

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