26 search results - page 5 / 6 » Rational Decision Making With Imprecise Probabilities |
COLT
2007
Springer
13 years 11 months ago
2007
Springer
In the standard model of observational learning, n agents sequentially decide between two alternatives a or b, one of which is objectively superior. Their choice is based on a stoc...
JCIT
2010
13 years 2 days ago
2010
Probability theory is the framework for making decision under uncertainty. In classification, Bayes' rule is used to calculate the probabilities of the classes and it is a bi...
HICSS
2009
IEEE
13 years 9 months ago
2009
IEEE
To facilitate rational decision making regarding cyber security investments, decision makers need to be able to assess expected losses before and after potential investments. This...
JMLR
2006
13 years 5 months ago
2006
Fast and frugal heuristics are well studied models of bounded rationality. Psychological research has proposed the take-the-best heuristic as a successful strategy in decision mak...
MANSCI
2010
13 years 3 months ago
2010
Companies in a variety of industries (e.g., airlines, hotels, theaters) often use last-minute sales to dispose of unsold capacity. Although this may generate incremental revenues ...