theoretical explanation of an empirically successful technique for decision-making under interval uncertainty about probabilities … intervals should preserve this independence. Findings - The paper describes all techniques for decision making under interval … uncertainty about probabilities that are consistent with independence. It is proved that these techniques form a 1-parametric …

is interval uncertainty, when we only know the lower and upper bounds on the expected gain. A usual way to compare such … is a new, more intuitive explanation of Hurwicz’s approach to decision-making under interval uncertainty. …

purpose of this study is to describe all possible ways to make decisions under such interval uncertainty. Design …/value - This is a first description of all reasonable strategies for decision-making under interval uncertainty - strategies that …