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Decision making under uncertainty: Starr's Domain criterion

✍ Scribed by G. O. Schneller; G. P. Sphicas

Publisher: Springer US
Year: 1983
Tongue: English
Weight: 689 KB
Volume: 15
Category: Article
ISSN: 0040-5833
DOI: 10.1007/bf00162111

No coin nor oath required. For personal study only.

✦ Synopsis

This paper examines a decision making under uncertainty criterion first introduced by Starr, which differs from the classical criteria. The rationale and properties of this criterion, called the Domain criterion, are discussed and compared with the traditional approaches of Wald, Hurwicz, Savage and Laplace. The computational complexity and usefulness of the criterion are discussed, as well as the underlying decision philosophy.

Theory andDec&ion 15 (1983) 321-336. 0040-5833/83/0154-03215()2.40. 9 1983 by D. ReidelPublishing Company.

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