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...

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Bibliographic Details
Main Authors: V. Ulansky, A. Raza
Format: Article
Language:English
Published: Elsevier 2021-07-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844021016017