Evaluating Alternatives Involving Potential Fatalities

Journal Article

A critical aspect of many major decisions involves the possible loss of human life. Thus, in evaluating the alternatives, it is desirable to address this issue. This paper proposes a cardinal utility model for evaluating the potential fatalities and the uncertainty of their occurrence. It separates the overall consequences of fatalities into a personal direct impact and a societal indirect impact. Separate preference models are built for each impact and integrated to provide an overall evaluation of the potential fatalities. An assessment procedure is discussed and illustrated.

Full Text

Duke Authors

Cited Authors

  • Keeney, RL

Published Date

  • February 1, 1980

Published In

Volume / Issue

  • 28 / 1

Start / End Page

  • 188 - 205

Published By

Electronic International Standard Serial Number (EISSN)

  • 1526-5463

International Standard Serial Number (ISSN)

  • 0030-364X

Digital Object Identifier (DOI)

  • 10.1287/opre.28.1.188

Language

  • en