The Effects of Splitting Attributes on Weights in Multiattribute Utility Measurement
AbstractThis study examined how weights in multiattribute utility measurement change when objectives are split into more detailed levels. Subjects were asked to weight attributes in value trees containing three objectives which were specified by either three, four, five, or six attributes. The robust finding was that the more detailed parts of the value tree were weighted significantly higher than the less detailed ones. This overweighting bias was found for several weighting techniques, but the techniques that used holistic judgments to derive weights were affected somewhat less than techniques that used decomposed attribute weights. This bias is interpreted in terms of the increased salience and availability of attributes that are spelled out in more detail.
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Bibliographic InfoArticle provided by INFORMS in its journal Management Science.
Volume (Year): 34 (1988)
Issue (Month): 4 (April)
multiattribute utility; value trees; structuring;
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