Some Links Between Game Theory and Decision Theory in Economics

Certain optimal strategies based upon game theory are given in this paper. A decision-making function and a risk function are explained. Decision-making criteria are applied for determining best decision-making functions with respect to a specific criterion. Special attention is given to the minimax criterion.

MoreLess

Year of publication:	2009
Authors:	Crnjac, Dominika ; Martinovic, Goran
Published in:	Interdisciplinary Management Research. - Ekonomski Fakultet. - Vol. 5.2009, p. 165-175
Publisher:	Ekonomski Fakultet
Subject:	saddle-point \| minimax criterion \| Bayesian criterion \| loss function \| risk function \| decision-making function

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	C02 - Mathematical Methods ; C71 - Cooperative Games ; D81 - Criteria for Decision-Making under Risk and Uncertainty
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005012027