AN EMPIRICAL-COMPARISON OF UTILITY-ASSESSMENT PROGRAMS

Citation
So. Kimbrough et M. Weber, AN EMPIRICAL-COMPARISON OF UTILITY-ASSESSMENT PROGRAMS, European journal of operational research, 75(3), 1994, pp. 617-633
Citations number
33
Categorie Soggetti
Management,"Operatione Research & Management Science
ISSN journal
03772217
Volume
75
Issue
3
Year of publication
1994
Pages
617 - 633
Database
ISI
SICI code
0377-2217(1994)75:3<617:AEOUP>2.0.ZU;2-Z
Abstract
This paper reports on an experimental investigation of the utility fun ctions elicited by four different utility elicitation computer program s. We were able to confirm that decision making subjects will to a deg ree follow the recommendation of a utility elicitation program in cont ravention to the subject's intuitive judgments of preference. Further, we found systematic differences in this regard among the four program s. Programs that confront subjects with their inconsistencies and forc e a reworking of the subjects' expressed preferences appear to produce utility functions with greater acceptance by decision makers. Similar ly, programs that employ a direct manipulation style of interface also appear to result in greater acceptance by subjects of the utility fun ctions elicited.