Multi-Attribute Utility Theory

Multi-Attribute Utility Theory (MAUT) is a decision-making framework that helps people choose the best option when multiple factors matter. It involves evaluating each option based on various attributes (like cost, quality, or speed), assigning value or importance to each, and then combining these to find an overall score. This process helps compare complex choices systematically, accounting for personal preferences and trade-offs. Essentially, MAUT provides a structured way to make informed decisions when multiple criteria influence the outcome, leading to choices that best align with one’s values and priorities.