A Bayesian Analysis of a Class of Multistage Decision Problems

This article uses a Bayesian rational approach to analyze a generic set of decision problems. A committee must decide which proposal to submit to a set of decision bodies, which decide separately whether to accept or reject the proposal. The article offers sufficient conditions for the proposing body to reach rational group decisions. The model is applied to decision making in response to an international crisis.

MoreLess

Year of publication:	1988
Authors:	Enelow, James M.
Published in:	Journal of Conflict Resolution. - Peace Science Society (International). - Vol. 32.1988, 4, p. 759-772
Publisher:	Peace Science Society (International)

More details

Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010812868