MATHEMATICAL SPECIFICATIONS OF GOALS FOR DECISION PROBLEMS,
Abstract
A taxonomy of relatively simple mathematical formulas for the representation of preferences and goals is presented. The emphasis is on examining how alternative formulas differ with respect to the structure of preferences repre sented (with particular reference to attitudes towards risk), and with respect to the tech niques of problem solution to which they are adapted. The problem of how to formulate and solve a decision problem is itself a decision problem. Determining optimal procedures for searching for an optimum is discussed. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 1963
- Accession Number
- AD0413363
Entities
People
- Roy Radner
Organizations
- University of California, Berkeley