Open Access Open Access  Restricted Access Subscription or Fee Access

Approaches to Estimating Degrees and Measures of Preference Intensity

Vyacheslav V. Kolbin, Veronika A. Ledovskaya

Abstract



In this paper we introduced new criteria for estimating the preference intensity. The degree of preference intensity was defined by taking into account properties of derivatives of utility function. The definition of a measure of preference intensity was formulated. Application of the definitions we introduced was considered.

Keywords


utility function, order risk aversion, preference intensity, degree of preference intensity, relative preference intensity, measure of preference intensity, decision-maker (DM).

Full Text:

PDF


Disclaimer/Regarding indexing issue:

We have provided the online access of all issues and papers to the indexing agencies (as given on journal web site). It’s depend on indexing agencies when, how and what manner they can index or not. Hence, we like to inform that on the basis of earlier indexing, we can’t predict the today or future indexing policy of third party (i.e. indexing agencies) as they have right to discontinue any journal at any time without prior information to the journal. So, please neither sends any question nor expects any answer from us on the behalf of third party i.e. indexing agencies.Hence, we will not issue any certificate or letter for indexing issue. Our role is just to provide the online access to them. So we do properly this and one can visit indexing agencies website to get the authentic information. Also: DOI is paid service which provided by a third party. We never mentioned that we go for this for our any journal. However, journal have no objection if author go directly for this paid DOI service.