Decision Making on the Basis of Partial Information Cover Image

Podejmowanie decyzji w warunkach niepełnej informacji
Decision Making on the Basis of Partial Information

Author(s): Ewa Michalska
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Krakowie
Keywords: linear partial information; decision rules; soft modeling

Summary/Abstract: The article discusses decision making on the basis of linear partial information. In such a situation, the parameters that describe the problem are not precisely known. The paper also presents rules for making optimal decisions based on expected payoffs and variances or standard deviations and their applications.

  • Issue Year: 898/2012
  • Issue No: 22
  • Page Range: 17-26
  • Page Count: 10
  • Language: Polish