One-Switch Independence for Multiattribute Utility Functions

@article{Abbas2011OneSwitchIF,
  title={One-Switch Independence for Multiattribute Utility Functions},
  author={Ali E. Abbas and David E. Bell},
  journal={Operations Research},
  year={2011},
  volume={59},
  pages={764-771}
}
Assessment of multiattribute utility functions is significantly simplified if it is possible to decompose the function into more manageable pieces. Utility independence is a powerful property that serves well for this purpose, but if it is not appropriate in a given situation, what options does the analyst have? We review some possibilities and propose a new independence assumption based on the one-switch property. We argue that it is a natural generalization of utility independence and show… CONTINUE READING