2 papers
math.OC2026
Maximum Utility Split Method for Utility Preference Elicitation
Bo Chen, Jia Liu, Huifu Xu
In this paper, we propose a new approach, called maximum utility split (MUS) scheme, which is built on random utility split (RUS) scheme but with a notable difference: one lottery…
math.OC2026
Eliciting Von Neumann-Morgenstern utility from discrete choices with response error
Bo Chen, Jia Liu
We develop a preference elicitation method for a Von Neumann-Morgenstern (VNM)-type decision-maker from pairwise comparison data in the presence of response errors. We apply the ma…