Application of Multi-Attribute Utility Theory

  • Humphreys P
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Abstract

Purpose - Despite substantial advances in technologies enhancing the energy efficiency of buildings, they remain the largest consumers of energy in the USA compared with other sectors. In addition, the current rating systems for sustainable buildings do not reflect all potential energy savings during the design, construction, and occupancy of the built environment. The purpose of this paper is to examine the application of multi-attribute utility theory (MAUT) as a framework for quantifying energy decisions made during the design phase of a building construction project. Design/methodology/approach - The MAUT method was applied to a case study, and the results were compared with subjective results from the decision makers. Analysis of the results suggested that MAUT is a decision analysis tool that could aid decision makers in communicating their decision criteria and expectations. Findings - Findings from this research suggest that using an analysis method provides the decision makers with a systematic way to include their concerns and preferences and specific requirements of the project along with the criteria for sustainable energy and the built environment at the same time. Using a multi-criteria, decision-making method provides the decision makers with quantitative information, which facilitates the comparison of alternatives. MAUT enabled the various stakeholders of the project to collaborate on the inputs of the problems and allowed the decision makers to communicate their priorities and expectations more effectively. Originality/value - The findings indicated that MAUT provides stakeholders with a quantitative and holistic approach to decision making in which they can track changes in parameters during the process. The implementation of MAUT as a decision analysis tool in designing construction projects ultimately could lead to better decision making for sustainable building designs.

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APA

Humphreys, P. (1977). Application of Multi-Attribute Utility Theory. In Decision Making and Change in Human Affairs (pp. 165–207). Springer Netherlands. https://doi.org/10.1007/978-94-010-1276-8_13

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