Provides a way to adjust the consequences of different alternatives in order to render them equivalent in terms of a given objective?

This process is often referred to as "decision analysis" or "utility assessment." It involves evaluating the potential outcomes of various alternatives and adjusting their consequences based on a common metric, typically related to a specific objective or goal. By standardizing these outcomes, decision-makers can more easily compare alternatives and select the one that best aligns with their objectives. Techniques such as cost-benefit analysis or multi-criteria decision-making can be employed to facilitate this comparison.