Multiattribute utility theory (MAUT) refers to a normative model of decision making that provides a means of integrating different dimensions and goals of a complex decision. MAUT involves six steps, which are the following: (1) breaking a decision down into independent dimensions; (2) determining the relative weights of each of those dimensions;. (3) listing all the alternatives;. (4) ranking all the alternatives along the dimensions;. (5) multiplying the rankings by the weightings to determine a final value for each alternative; and (6) choosing the alternative with the highest value.

Related Articles

Expected utility theory at psychology-glossary.com■■■■■■■■■■
Expected utility theory refers to a normative model of decision making in which the decision maker weights . . . Read More
Avoidance-avoidance conflict at psychology-glossary.com■■■■■
. . . Read More
Normative model of decision making at psychology-glossary.com■■■■■
Normative model of decision making refers to a theory of decision making and leadership developed by . . . Read More
Crystallization phase at psychology-glossary.com■■■■
Crystallization phase: Crystallization phase refers to the phase in Tiedeman's career decision model . . . Read More
Choice phase at psychology-glossary.com■■■■
Choice phase is a term used in Tiedeman's career decision model that refers to the phase when the person . . . Read More
Exploration phase at psychology-glossary.com■■■■
Exploration phase is a term in Tiedeman's career decision model , that refers to the phase when a person . . . Read More
Induction phase at psychology-glossary.com■■■■
Induction phase is a term in Tiedeman's career decision model that refers to the phase when a person . . . Read More
Influence phase at psychology-glossary.com■■■■
Influence phase is a term in Tiedeman's career decision model that refers to a phase when the person . . . Read More
Corey’s model of ethical decision-making at psychology-glossary.com■■■■
Corey’s model of ethical decision-making: Corey’s model of ethical decision-making refers to a seven . . . Read More
Elimination-by-aspects strategy at psychology-glossary.com■■■■
Elimination-by-aspects strategy is a term in decision making that refers to the elimination of alternatives . . . Read More