Note---Rolling Back Decision Trees Requires the Independence Axiom!

The Herstein--Milnor independence axiom is a necessary condition for recursion analysis of decisions in extensive (=tree) form.

Year of publication:	1986
Authors:	LaValle, Irving H. ; Wapman, Kenneth R.
Published in:	Management Science. - Institute for Operations Research and the Management Sciences - INFORMS, ISSN 0025-1909. - Vol. 32.1986, 3, p. 382-385
Publisher:	Institute for Operations Research and the Management Sciences - INFORMS
Subject:	decision analysis foundations \| independence axiom \| sure-thing principle

Extent:	application/pdf
Type of publication:	Article
Other identifiers:	10.1287/mnsc.32.3.382 [DOI]
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009214933