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- W4313532300 abstract "In situations when we have a perfect knowledge about the outcomes of several situations, a natural idea is to select the best of these situations. For example, among different investments, we should select the one with the largest gain. In practice, however, we rarely know the exact consequences of each action. In some cases, we know the lower and upper bounds on the corresponding gain. It has been proven that in such cases, an appropriate decision is to use Hurwicz optimism-pessimism criterion. In this paper, we extend the corresponding results to the cases when we only know an upper bound or a lower bound." @default.
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- W4313532300 date "2023-01-01" @default.
- W4313532300 modified "2023-09-26" @default.
- W4313532300 title "Decision Making Under Uncertainty: Cases When We Only Know an Upper Bound or a Lower Bound" @default.
- W4313532300 cites W2073237559 @default.
- W4313532300 doi "https://doi.org/10.1007/978-3-031-16415-6_28" @default.
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