Accession Number:

AD0618379

Title:

THE ECONOMICS OF UNCERTAINTY VIII AND IX.

Descriptive Note:

Working paper,

Corporate Author:

CALIFORNIA UNIV LOS ANGELES WESTERN MANAGEMENT SCIENCE INST

Personal Author(s):

Report Date:

1965-06-01

Pagination or Media Count:

2.0

Abstract:

Decision rules are discussed which are independent of probability beliefs. It is indicated that it is possible to prove that such rules are either inconsistent, or equivalent to the Bernoulli principle. The mini-max solution to the zero-sum two-person game isdiscussed. Author

Subject Categories:

Distribution Statement:

APPROVED FOR PUBLIC RELEASE