A Utility Function for Time Streams Having Inter-Period Dependencies
نویسندگان
چکیده
منابع مشابه
A Utility Function for Time Streams Having Inter-Period Dependencies
Frequently a decision maker's preferences for consequences in a given period will depend on the particular outcome in the previous and/or following period. This paper gives a simple functional form which enables such preferences to be explicitly included in a utility function for time streams. In evaluating alternative strategies which have impacts over time, many factors serve to complicate ma...
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ژورنال
عنوان ژورنال: Operations Research
سال: 1977
ISSN: 0030-364X,1526-5463
DOI: 10.1287/opre.25.3.448