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Multiple Criteria Decision Making, Multiattribute Utility Theory: The Next Ten Years

Author

Listed:
  • James S. Dyer

    (College of Business Administration, University of Texas, Austin, Texas 78712)

  • Peter C. Fishburn

    (AT&T Bell Laboratories, 600 Mountain Avenue, Murray Hill, New Jersey 07974)

  • Ralph E. Steuer

    (College of Business Administration, University of Georgia, Athens, Georgia 30602)

  • Jyrki Wallenius

    (Helsinki School of Economics, Helsinki, Finland)

  • Stanley Zionts

    (School of Management, State University of New York, Buffalo, New York 14260)

Abstract

Management science and decision science have grown exponentially since midcentury. Two closely-related fields central to this growth are multiple criteria decision making (MCDM) and multiattribute utility theory (MAUT). This paper comments on the history of MCDM and MAUT and discusses topics we believe are important in their continued development and usefulness to management science over the next decade. Our aim is to identify exciting directions and promising areas for future research.

Suggested Citation

  • James S. Dyer & Peter C. Fishburn & Ralph E. Steuer & Jyrki Wallenius & Stanley Zionts, 1992. "Multiple Criteria Decision Making, Multiattribute Utility Theory: The Next Ten Years," Management Science, INFORMS, vol. 38(5), pages 645-654, May.
  • Handle: RePEc:inm:ormnsc:v:38:y:1992:i:5:p:645-654
    as

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    File URL: http://dx.doi.org/10.1287/mnsc.38.5.645
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    References listed on IDEAS

    as
    1. Leech, Dennis, 1985. "Ownership Concentration and the Theory of the Firm : A Simple-Game-Theoretic Approach to Applied US Corporations in the 1930's," The Warwick Economics Research Paper Series (TWERPS) 262, University of Warwick, Department of Economics.
    2. Guillermo Owen, 1972. "Multilinear Extensions of Games," Management Science, INFORMS, vol. 18(5-Part-2), pages 64-79, January.
    Full references (including those not matched with items on IDEAS)

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