Unit 10: Utility Analysis and Multidimensional Evaluation, Video 3: Conditions for Value Function

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MIT IDS.333 Risk and Decision Analysis, Fall 2021 Instructor: Richard de Neufville https://ocw.mit.edu/courses/ids-333-risk-and-decision-analysis-fall-2021/ YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP62jwhTqp8_1kwrkDkxZhpQC This presents the logical conditions needed to justify an objective value function. This provides the basis for the important conclusion that there is no valid group utility for system performance This video has been dubbed using an artificial voice via https://aloud.area120.google.com to increase accessibility. You can change the audio track language in the Settings menu. License: Creative Commons BY-NC-SA More information at https://ocw.mit.edu/terms More courses at https://ocw.mit.edu Support OCW at http://ow.ly/a1If50zVRlQ We encourage constructive comments and discussion on OCW’s YouTube and other social media channels. Personal attacks, hate speech, trolling, and inappropriate comments are not allowed and may be removed. More details at https://ocw.mit.edu/comments.

Published 2022-09-28 · Watch on YouTube ↗
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