Conditional utility

1973 ◽  
Vol 33 (3-4) ◽  
pp. 315-324
Author(s):  
Hans Werner Gottinger
Keyword(s):  
Conditional Utility

scholarly journals CUI Networks: A Graphical Representation for Conditional Utility Independence

2008 ◽  
Vol 31 ◽  
pp. 83-112 ◽  
Author(s):  
Y. Engel ◽  
M. P. Wellman
Keyword(s):  
Graphical Representation ◽  
Utility Functions ◽  
Multiattribute Utility ◽  
Preference Modeling ◽  
Network Construction ◽  
Functional Decomposition ◽  
Multiple Attributes ◽  
Utility Independence ◽  
Conditional Utility ◽  
Graph Nodes

We introduce CUI networks, a compact graphical representation of utility functions over multiple attributes. CUI networks model multiattribute utility functions using the well-studied and widely applicable utility independence concept. We show how conditional utility independence leads to an effective functional decomposition that can be exhibited graphically, and how local, compact data at the graph nodes can be used to calculate joint utility. We discuss aspects of elicitation, network construction, and optimization, and contrast our new representation with previous graphical preference modeling.

Conditional Utility and Its Place in Decision Theory

1980 ◽  
Vol 77 (11) ◽  
pp. 702-715 ◽  
Author(s):  
Paul Weirich ◽  
Keyword(s):  
Decision Theory ◽  
Conditional Utility
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