Alonso Morón , Manuel and Romero López, Carlos and Romero Ruiz del Portal, Francisco (1996) Generating well-behaved utility functions for compromise programming. Journal of optimization theory and applications, 91 (3). 643 -649. ISSN 0022-3239
Official URL: http://www.springerlink.com/content/u514831p35p6h551/
Abstract
The purpose of this paper is to seek utility functions satisfying a weak condition which guarantees that the utility optimum always belongs to the compromise set. This set is a special subset of the attainable or feasible set, which is generated through the application of the well-known operational research approach called compromise programming. It is shown that there are large families of utility functions satisfying this condition, thus reinforcing the value of compromise programming as a good surrogate of the traditional utility optimum.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Optimization; compromise programming; utility theory; multicriteria analysis; choice theory; economic optimization |
| Subjects: | Sciences > Mathematics > Mathematical analysis Sciences > Mathematics > Operations research |
| ID Code: | 15591 |
| Deposited On: | 12 Jun 2012 09:57 |
| Last Modified: | 12 Jun 2012 09:57 |
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