A Rational Approach to Decision Problems.

Abstract

The author gives eight properties that he feels a criterion (for selecting optimal decision rules) should satisfy. The author then finds sufficient conditions so that the iterated minimax regret criterion satisfies these eight properties. (Author)

Document Details

Document Type
Technical Report
Publication Date
Jul 01, 1971
Accession Number
AD0732057

Entities

People

  • Earl Edward Nordbrock

Organizations

  • University of Wisconsin–Madison

Tags

Readers

  • Adaptive Control and Estimation with Uncertainty in Dynamic Systems.
  • Mathematical Modeling and Probability Theory.