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  • Search: subject:"continuous states of nature"
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continuous states of nature 1 decision making under risk 1 scenario 1 utility function 1
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Jiri, Mazurek 1
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
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Decision making under risk with continuous states of nature
Jiri, Mazurek - Volkswirtschaftliche Fakultät, … - 2012
Many real-world decision making situation are associated with uncertainty regarding future state of the World. Traditionally, in such situation different (and discrete) scenarios – future states of nature – are considered. This domain of decision making is denoted as decision making under...
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