Utility independence
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- | In [[multiattribute utility theory]], an attribute X is utility | + | In [[multiattribute utility theory]], an attribute set X is utility independent from attribute set Y if the utility for the attributes of set X does not change when the attributes in Y are varied.<br /> |
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+ | Take an example of two attribute sets of color (red/black/green) and style (sports car/SUV). |
Revision as of 19:45, 18 July 2007
In multiattribute utility theory, an attribute set X is utility independent from attribute set Y if the utility for the attributes of set X does not change when the attributes in Y are varied.
Take an example of two attribute sets of color (red/black/green) and style (sports car/SUV).