A theory of Bayesian decision making with action-dependent subjective probabilities (Q639893)
From MaRDI portal
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | A theory of Bayesian decision making with action-dependent subjective probabilities |
scientific article |
Statements
A theory of Bayesian decision making with action-dependent subjective probabilities (English)
0 references
11 October 2011
0 references
The author develops a theory of Bayesian decision making and claims that the results have natural interpretations in the context of medical decision making and the analysis of life insurance, health insurance, as well as standard portfolio and property insurance problems.
0 references
Bayesian decision making
0 references
subjective probabilities
0 references
prior distributions
0 references
beliefs
0 references