A A method of choice of the best alternative in the multiple solutions case in the Games Theory

In the game theory, there are a classic series of four criteria: Wald, Hurwicz, Savage, Laplace with a special importance in the choice of optimal decision in the situations of uncertainty. These criteria providing reasonable answers from different points of view. The question is to discern between different choices when the criteria do not provide a unique answer. In this paper, we present a possible way to reduce the final number of variants.

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Year of publication:	2011
Authors:	Ioan, Catalin Angelo ; Ioan, Gina
Published in:	The Journal of Accounting and Management. - Facultatea de Ştiinţe Economice. - 2011, 1, p. 5-8
Publisher:	Facultatea de Ştiinţe Economice
Subject:	games theory \| Wald \| Savage \| Hurwicz \| Laplace \| decision

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010550467