summary:We examine worst-case analysis from the standpoint of classical Decision Theory. We elucidate how this analysis is expressed in the framework of Wald's famous Maximin paradigm for decision-making under strict uncertainty. We illustrate the subtlety required in modeling this paradigm by showing that information-gap's robustness model is in fact a Maximin model in disguise
Traditional economic decision theory pro-poses that people behave in certain ways when faced with a ...
We consider three competing normative theories of how to make choices when facing uncertainty: subj...
We consider three competing normative theories of how to make choices when facing uncertainty: subje...
summary:We examine worst-case analysis from the standpoint of classical Decision Theory. We elucidat...
In the frameworks of classical decision theory and robust optimization, the quest for ro-bustness ag...
For obvious reasons, models for decision-making under severe uncertainty are austere. Simply put, th...
Purpose The purpose of this paper is to illustrate the expressive power of Wald's maximin model and...
Purpose – The purpose of this paper is to illustrate the expressive power of Wald's maximin model an...
How do you make robust decisions in the face of severe uncertainty? Classical decision theory Robust...
For obvious reasons, models for decision-making under severe uncertainty are austere. Simply put, th...
In this chapter, we are concerned with decision making methods for dynamic systems under uncertainty...
The present article describes and examines the orthodox types of uncertainty and shows that they are...
The present article describes and examines the orthodox types of uncertainty and shows that they are...
Abstract We provide a model of decision making under uncertainty in which the decision maker reacts ...
AbstractData-based decision theory under imprecise probability has to deal with optimization problem...
Traditional economic decision theory pro-poses that people behave in certain ways when faced with a ...
We consider three competing normative theories of how to make choices when facing uncertainty: subj...
We consider three competing normative theories of how to make choices when facing uncertainty: subje...
summary:We examine worst-case analysis from the standpoint of classical Decision Theory. We elucidat...
In the frameworks of classical decision theory and robust optimization, the quest for ro-bustness ag...
For obvious reasons, models for decision-making under severe uncertainty are austere. Simply put, th...
Purpose The purpose of this paper is to illustrate the expressive power of Wald's maximin model and...
Purpose – The purpose of this paper is to illustrate the expressive power of Wald's maximin model an...
How do you make robust decisions in the face of severe uncertainty? Classical decision theory Robust...
For obvious reasons, models for decision-making under severe uncertainty are austere. Simply put, th...
In this chapter, we are concerned with decision making methods for dynamic systems under uncertainty...
The present article describes and examines the orthodox types of uncertainty and shows that they are...
The present article describes and examines the orthodox types of uncertainty and shows that they are...
Abstract We provide a model of decision making under uncertainty in which the decision maker reacts ...
AbstractData-based decision theory under imprecise probability has to deal with optimization problem...
Traditional economic decision theory pro-poses that people behave in certain ways when faced with a ...
We consider three competing normative theories of how to make choices when facing uncertainty: subj...
We consider three competing normative theories of how to make choices when facing uncertainty: subje...