Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl
System messages
  • Session was invalidated!

Results found: 1

first rewind previous Page / 1 next fast forward last

Search results

Search:
in the keywords:  decision making under uncertainty
help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
1
Publication available in full text mode
Content available

MODIFICATIONS OF THE MAXIMIN JOY CRITERION FOR DECISION MAKING UNDER UNCERTAINTY

100%
Gaspars-Wieloch H.
Metody Ilościowe w Badaniach Ekonomicznych
|
2014
|
vol. 15
|
issue 2
84-93
EN
Decision making under uncertainty (DMU) occurs when the decision maker (DM) has to choose an appropriate alternative on the basis of a set of decisions and a set of scenarios (with an unknown probability distribution). The author suggests two modifications of the maximin joy criterion (MJC) - one of the classical decision rules used in DMU by pessimists searching for an optimal pure strategy. The goal of the alterations for MJC is to accentuate more effectively the position of particular outcomes in comparison with other outcomes connected with a given scenario.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.