Optimal decision

Optimal decision

Jesse Russell Ronald Cohn

     

бумажная книга



ISBN: 978-5-5111-8336-7

High Quality Content by WIKIPEDIA articles! An optimal decision is a decision such that no other available decision options will lead to a better outcome. It is an important concept in decision theory. In order to compare the different decision outcomes, one commonly assigns a relative utility to each of them. If there is uncertainty in what the outcome will be, the optimal decision maximizes the expected (average) utility.