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They use arguments from a mean-variance utility approach.
Significant random parameters on the income functions support our random utility approach to accommodate taste heterogeneity.
The simultaneous performance characteristics MRR and surface roughness was optimized by Taguchi based utility approach.
Multi-objective optimization was performed using Taguchi based utility approach to optimize MRR and Ra.
Miah and Huth (2011) demonstrated a decision support system for supplier selection using multi attribute utility approach.
Maxim [43] ranked 13 electricity generation technologies using ten sustainability indicators in a weighted sum multi-attribute utility approach.
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However, decreasing marginal utility, approaching a limit, may not solve the problem.
The parameter c is used to ensure that the utility approaches 1 at r = RBE.
Furthermore, they appeared consistent with both mean-variance and expected utility approaches to the assessment of risk.
The saturation and value function graphs raise analogies with current discussions in neuroeconomics regarding mean-variance versus expected utility approaches to assessment of risk [78]; further work is needed to assess whether the current findings contribute to such neuroeconomic discussions.
Although utility approaches have been increasingly applied in HIV interventions [ 15- 18], measurements indicate a wide range of scores and use a wide range of methods [ 15, 16].
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CEO of Professional Science Editing for Scientists @ prosciediting.com