A Bayesian decision model based on expected utility and uncertainty risk

DOI10.1016/j.amc.2014.06.005zbMath1335.62021MaRDI QIDQ279618

Sangwon Lee, Suneung Ahn, Chang-Soon Park

Publication date: 28 April 2016

Published in: Applied Mathematics and Computation (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.amc.2014.06.005

zbMATH Keywords

uncertainty; expected utility; decision analysis; prior distribution

Mathematics Subject Classification ID

62P05: Applications of statistics to actuarial sciences and financial mathematics

62C10: Bayesian problems; characterization of Bayes procedures

Related Items

A decision model based on expected utility, entropy and variance

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