THE ECONOMICS OF UNCERTAINTY VIII AND IX.

Abstract

Decision rules are discussed which are independent of probability beliefs. It is indicated that it is possible to prove that such rules are either inconsistent, or equivalent to the Bernoulli principle. The mini-max solution to the zero-sum two-person game isdiscussed. (Author)

Document Details

Document Type
Technical Report
Publication Date
Jun 01, 1965
Accession Number
AD0618379

Entities

People

  • Karl Borch

Organizations

  • University of California, Los Angeles

Tags

DTIC Thesaurus Topics

  • Economics
  • Probability
  • Uncertainty

Readers

  • Business Analytics
  • Game Theory.
  • Regression Analysis.