Book contents
- Decision Analysis for Creating the Future
- Decision Analysis for Creating the Future
- Copyright page
- Dedication
- Contents
- Chapter Summaries
- Preface
- Acknowledgements
- Part I The Technical Principles
- 1 A Decision-Making Framework
- 2 The Foundations of Decision Theory
- 3 The Language of Numbers
- 4 Preference Values
- 5 Trade-Off Weights
- 6 Uncertainty and Probability
- Epilogue to Part I
- Part II The Social Principles
- Part III Socio-Technical Modelling
- Notes
- Index
4 - Preference Values
from Part I - The Technical Principles
Published online by Cambridge University Press: 28 April 2026
Book contents
- Decision Analysis for Creating the Future
- Decision Analysis for Creating the Future
- Copyright page
- Dedication
- Contents
- Chapter Summaries
- Preface
- Acknowledgements
- Part I The Technical Principles
- 1 A Decision-Making Framework
- 2 The Foundations of Decision Theory
- 3 The Language of Numbers
- 4 Preference Values
- 5 Trade-Off Weights
- 6 Uncertainty and Probability
- Epilogue to Part I
- Part II The Social Principles
- Part III Socio-Technical Modelling
- Notes
- Index
Summary
• Values are numbers that represent the extent to which objectives are achieved by taking a decision. They express our likes and dislikes. There are many ways of identifying objectives and criteria that are the standards against which achievement is judged. We show how the numbers are assessed, and interpret their meaning as values.
Keywords
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- Type
- Chapter
- Information
- Decision Analysis for Creating the Future , pp. 40 - 72Publisher: Cambridge University PressPrint publication year: 2026
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