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A preference theory approach to decision analysis in resource allocation

  • Purdue University
  • University of Texas at Austin

Research output: Contribution to journalArticlepeer-review

7 Scopus citations

Abstract

This paper studies the allocation of discrete resources among multiple agents from a preference theory perspective. More specifically, the paper explores the process of decision making where: (a) information is obtained about the preference profiles of each agent (b) the information acquired is then used as a basis for finding a 'socially' optimal resource allocation, and (c) the costs involved in acquiring information are considered as an integral part of the process.

Original languageEnglish
Pages (from-to)215-237
Number of pages23
JournalComputer Science in Economics and Management
Volume3
Issue number3
DOIs
StatePublished - Sep 1990

Keywords

  • Decision making
  • preference theory
  • resource allocation

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