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Decision Theory with Imperfect Information

Rafik A Aliev




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 | #4451998 in Books |  2014-10-13 |  2014-08-08 | Original language:English | PDF # 1 |  9.00 x1.05 x6.00l,.0 | File type: PDF | 468 pages

||From the Inside Flap|Every day decision making in complex human-centric systems are characterized by imperfect decision-relevant information. The principal problems with the existing decision theories are that they do not have capability to deal with situations

Every day decision making in complex human-centric systems are characterized by imperfect decision-relevant information. The principal problems with the existing decision theories are that they do not have capability to deal with situations in which probabilities and events are imprecise. In this book, we describe a new theory of decision making with imperfect information. The aim is to shift the foundation of decision analysis and economic behavior from the realm bivale...

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