Optimize, satisfice, or choose without deliberation? A simple minimax-regret assessment
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Recommendations
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Cites work
- scientific article; zbMATH DE number 5497554 (Why is no real title available?)
- scientific article; zbMATH DE number 3357742 (Why is no real title available?)
- scientific article; zbMATH DE number 3061365 (Why is no real title available?)
- scientific article; zbMATH DE number 3087284 (Why is no real title available?)
- Accurate Approximations for Posterior Moments and Marginal Densities
- Actualist rationality
- An Essentially Complete Class of Admissible Decision Functions
- Cognitive constraints, contraction consistency, and the satisficing criterion
- Internal Consistency of Choice
- Learning and decision making when subjective probabilities have subjective domains
- Minimax regret treatment choice with covariates or with limited validity of experiments
- Minimax, information and ultrapessimism
- Naive, resolute or sophisticated? A study of dynamic decision making
- Rational Selection of Decision Functions
- Risk, ambiguity and the Savage axioms
- Satisficing
- Sequential Minimax Search for a Maximum
- Statistical decision functions which minimize the maximum risk
- Statistical decision theory and Bayesian analysis. 2nd ed
- Statistical treatment rules for heterogeneous populations.
- The Theory of Statistical Decision
Cited in
(7)- Explaining satisficing through risk aversion
- Bounded rationality: models for some fast and frugal heuristics
- When and how to satisfice: an experimental investigation
- Behavioral patterns and reduction of sub-optimality: an experimental choice analysis
- Experimental evidence of behavioral improvement by learning and intermediate advice
- Optimal versus satisfactory decision making: a case study of sales with a target
- Are more alternatives better for decision-makers? A note on the role of decision cost
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