Wald`s maximin model

Wald`s maximin model

Jesse Russell Ronald Cohn

     

бумажная книга



ISBN: 978-5-5139-2385-5

High Quality Content by WIKIPEDIA articles! In decision theory and game theory, Wald`s maximin model is a non-probabilistic decision-making model according to which decisions are ranked on the basis of their worst-case outcomes. That is, the best (optimal) decision is one whose worst outcome is at least as good as the worst outcome of any other decisions. It is one of the most important models in robust decision making in general and robust optimization in particular.