Missing consequences in multiattribute utility theory

Missing consequences in multiattribute utility theory

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Article ID: iaor20116475
Volume: 37
Issue: 2
Start Page Number: 395
End Page Number: 410
Publication Date: Apr 2009
Journal: Omega
Authors: , ,
Keywords: ecology
Abstract:

This paper addresses how to deal with decision alternatives with missing consequences in multicriteria decision‐making problems. We propose disregarding the attributes for which a decision alternative provides no consequence by redistributing their respective weights throughout the objective hierarchy in favor of a straightforward idea: the assignation of the respective attribute range as a default value for missing consequences due to possible uncertainty about the decision alternative consequences. In both cases, decision alternatives are evaluated by means of an additive multi‐attribute utility model. An illustrative example of the restoration of radionuclide contaminated aquatic ecosystems is shown.

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