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A decision maker bets on the outcomes of a sequence of coin-tossings. At the beginning of the game the decision maker can choose one of two coins to play the game. This initial choice is irreversible. The coins can be biased and the player is uncertain about the nature of one (or possibly both)...
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Important business, public policy, and personal decisions typically involve multiple objectives, which in turn can be represented by multiple attributes, and uncertainty. Assessing both multiattribute utility and multivariate distributions for the attributes can be challenging. Moreover, big...
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