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- W94909258 abstract "The results of this paper are obtained starting from the formulation, in a generalized form, of a sequential decisional problem, related to which we suggest the solving of the following issues: 1. the determination of the optimum criteria for certain strategic behavior types of decision makers; 2. the specification of the conditions for which this criteria are equivalent; 3. the determination of certain important properties for the optimum trajectories; 4. establishing the conditions for which a decision maker can get and maintain an advantageous situation.The strategic behavior of decision makers is analyzed considering the two existing possibilities: cautious strategic behavior and hazardous strategic behavior. In the case of decision makers having hazardous strategic behavior, there are analyzed all the optimum criteria which are already known with a specific view on certain relatively new and less studied criteria such as maximum probability criterion and different variants of entropic criteria.In the case of cautious strategic behavior, the paper focuses on the maximum stability principle (with all variants of equilibrium solutions, maxmin solutions, minmax solutions) and the equalization principle (a relatively new and less studied criterion). The paper also analyses different qualitative situations which can appear while carrying out the decisional process: non-cooperative situations, partial cooperative situations and total cooperative situations. In the cases of partial cooperative and total cooperative situations, a new coalition criterion in the cooperative games theory is brought forward, namely the coalition in the sense of maximum probability. Within the cooperative game theory, there are two basic issues: the way coalitions are formed and the way payoffs are distributed to players. This new form of coalition allows the utility transfer and it is more general than the criterion based upon the concepts of characteristic function and imputation. Moreover, this form of coalition admits the determination of an optimal distribution of payoffs by solving an optimal problem which has an entropic efficiency criterion.The theoretical results obtained are used in order to solve some major technical-economical problems: the analysis of systems'reliability, the analysis of the stability of mining works, the determination of some forecasting indicators, problems of ruination and financial arbitrage etc." @default.
- W94909258 created "2016-06-24" @default.
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- W94909258 date "2009-06-26" @default.
- W94909258 modified "2023-09-23" @default.
- W94909258 title "Plenary lecture 5: criteria of strategic behaviour and optimum trajectories for the problem of quential decision" @default.
- W94909258 hasPublicationYear "2009" @default.
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