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- W4386113417 abstract "The economist first approaching decision-theory might expect to gel from it rules of action directly applicable to such questions as investment programming or economic policy. But he would find the theory much too simple to handle actual situations and might well consider that the simplifications used involved abstraction from fundamental aspects of the problem. The author argues that this situation can be explained in part by the fact that time is not explicitly introduced into models concerned with the rationality of choice criteria. But most decisions concern the future : an economic policy, e.g., can only be fully realised over a period of months or years. The article therefore explicitly introduces a temporal factor into the study of the principle of decision-taking. Models are first developed to demonstrate the nature of choice when the future is certain and when it is uncertain. The author then introduces the possibility of sequential decisions (i.e. decisions taken over a period rather than at a point in time), and considers the significance of this (and of such corollaries as the fact that statistical estimation is a decision problem) for his model." @default.
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- W4386113417 date "1960-01-01" @default.
- W4386113417 modified "2023-09-27" @default.
- W4386113417 title "De la décision unique a la décision séquentielle" @default.
- W4386113417 doi "https://doi.org/10.3406/ecoap.1960.3884" @default.
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