Questions tagged [mutlicriteria-decision-analysis]

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6
votes
1answer
128 views

Solving an exponential utility function

I have a utility function $u(x) = a - b e^{-x/20\,000}$ and it is given that $u(0)=0$ and $u(100\,000)=1$. I am trying to show that $a = 1.0067837$ and $b = 1.0067837$. Here is what I tried: \begin{...
11
votes
2answers
172 views

Families of methods to deal with criterion uncertainties in multicriteria decision analysis

In MCDA, which family methods deal with uncertain criterion-specific values? What is MCDA? Multiple-criteria decision analysis, refereed as MCDA, is a sub-field of Operations Research for aiding in ...