Generalization of minimax and maximin criteria in a game against nature for the case of a partial a priori uncertainty
This study proposes a new criterion for choosing the optimal decision in a game against nature under a partial a priori uncertainty. The paper's main novelty consists in examining the situation when a part of the a priori probabilities of states of nature is known, and the other part is unknown...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2021-07-01
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Series: | Heliyon |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844021016017 |