ESTIMATION OF ATTRIBUTE WEIGHTS IN A MULTIATTRIBUTE CHOICE SITUATION

Citation
Jm. Harte et al., ESTIMATION OF ATTRIBUTE WEIGHTS IN A MULTIATTRIBUTE CHOICE SITUATION, Acta psychologica, 93(1-3), 1996, pp. 37-55
Citations number
26
Categorie Soggetti
Psychology, Experimental
Journal title
ISSN journal
00016918
Volume
93
Issue
1-3
Year of publication
1996
Pages
37 - 55
Database
ISI
SICI code
0001-6918(1996)93:1-3<37:EOAWIA>2.0.ZU;2-7
Abstract
Multiattribute judgement processes have regularly been investigated by means of structural modelling techniques. With these techniques mathe matical models are fitted on the data and attribute weights reflecting the relative importance of the attributes during the process can be d erived. Since many observations are needed for fitting such models, su bjects are mostly requested to judge a large number of alternatives. I n this article it is demonstrated how in situations in which the subje ct has to select the most attractive alternative out of a set, the dec ision process can also be studied by fitting a mathematical model, The validity of the estimates of the attribute weights provided by this m ethod are investigated in an empirical and a simulation study, It appe ars that this method gives valuable information about the process, but that the estimates of the weights are slightly biased.