Multiple Criteria Decision Making, Multiattribute Utility Theory: Recent Accomplishments and What Lies Ahead

Authors:
Jyrki Wallenius;James S. Dyer;Peter C. Fishburn;Ralph E. Steuer;Stanley Zionts;Kalyanmoy Deb
Affiliations:
Helsinki School of Economics, 00101 Helsinki, Finland;College of Business Administration, University of Texas, Austin, Texas 78712;AT&T Laboratories, Florham Park, New Jersey 07932;Terry College of Business, University of Georgia, Athens, Georgia 30602;School of Management, State University of New York, Buffalo, New York 14260;Indian Institute of Technology Kanpur, Kanpur 208016, India, and Helsinki School of Economics, 00101 Helsinki, Finland
Venue:
Management Science
Year:
2008

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Abstract

This paper is an update of a paper that five of us published in 1992. The areas of multiple criteria decision making (MCDM) and multiattribute utility theory (MAUT) continue to be active areas of management science research and application. This paper extends the history of these areas and discusses topics we believe to be important for the future of these fields.