Accession Number:

ADA021497

Title:

An Overview, Integration, and Evaluation of Utility Theory for Decision Analysis

Descriptive Note:

Technical research rept.

Corporate Author:

UNIVERSITY OF SOUTHERN CALIFORNIA LOS ANGELES SOCIAL SCIENCE RESEARCH INST

Personal Author(s):

• Von Winterfelt, Detlof

Report Date:

1975-08-01

Pagination or Media Count:

87.0

Abstract:

This report is a survey of the measurement theoretic literature on utility models and assessment. Its purpose is to communicate the concepts of measurement theory to decision analysts who may benefit from the application of measurement theoretic models and methods when solving real world evaluation problems. The report is, first, an inventory and dictionary that classifies, translates, and integrates existing measurement theories and second, and evaluation of the usefulness of measurement theory as a tool for solving complex decision problems.

Descriptors:

• *DECISION THEORY
• *MEASURE THEORY
• CLASSIFICATION
• DECISION MAKING
• INTEGRATION
• MEASUREMENT
• MODELS
• RISK ANALYSIS

Subject Categories:

• Theoretical Mathematics

Distribution Statement:

APPROVED FOR PUBLIC RELEASE