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The Optimality of the Expert and Majority Rules Under Exponentially Distributed Competence

โœ Scribed by Luba Sapir


Book ID
110219944
Publisher
Springer US
Year
1998
Tongue
English
Weight
90 KB
Volume
45
Category
Article
ISSN
0040-5833

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Partial information on decisional compet
โœ Shmuel Nitzan; Jacob Paroush ๐Ÿ“‚ Article ๐Ÿ“… 1994 ๐Ÿ› Springer US ๐ŸŒ English โš– 547 KB

The paper analyzes the expert resolution problem by employing extended versions of the uncertain dichotomous choice model. The main purpose of this study is to illustrate how the analysis of optimal decision rules can be carried out while dispensing with the common restrictive assumption of full inf