Search Results - subject:"minimax adjustment principle"

Minimax Adjustment Price Setting and Price Rigidities / Preissetzung nach dem Minimax-Anpassungsprinzip und Preisstarrheiten

Hauenschild, Nils; Stahlecker, Peter - In: Jahrbücher für Nationalökonomie und Statistik 224 (2004) 1-2, pp. 37-50

adjustment principle for this purpose. This optimality principle is based on the notion that human decision makers tend to be … some new information about the uncertain demand for its product. It is assumed that the firm applies the so-called minimax …

Persistent link: https://www.econbiz.de/10014609004

Minimax Adjustment Price Setting and Price Rigidities Preissetzung nach dem Minimax-Anpassungsprinzip und Preisstarrheiten

Hauenschild, Nils; Stahlecker, Peter - In: Journal of Economics and Statistics (Jahrbuecher fuer … 224 (2004) 1-2, pp. 37-50

information about the uncertain demand for its product. It is assumed that the firm applies the so-called minimax adjustment … principle for this purpose. This optimality principle is based on the notion that human decision makers tend to be reluctant to …

Persistent link: https://www.econbiz.de/10008596505

The minimax adjustment principle

Arnold, Bernhard F.; Stahlecker, Peter - In: Computational Statistics 51 (2000) 1, pp. 103-113

The minimax adjustment principle presented in this paper uses the minimax principle in order to improve a given action …

Persistent link: https://www.econbiz.de/10010847896

The minimax adjustment principle

Arnold, Bernhard F.; Stahlecker, Peter - In: Mathematical Methods of Operations Research 51 (2000) 1, pp. 103-113

The minimax adjustment principle presented in this paper uses the minimax principle in order to improve a given action …

Persistent link: https://www.econbiz.de/10010950282