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Morón, Manuel A. 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 07:57 |

Last Modified: | 12 Dec 2018 15:13 |

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