A Bayesian decision model based on expected utility and uncertainty risk

DOI10.1016/j.amc.2014.06.005zbMath1335.62021OpenAlexW1988665502MaRDI 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

uncertaintyexpected utilitydecision analysisprior distribution

Mathematics Subject Classification ID

Applications of statistics to actuarial sciences and financial mathematics (62P05) Bayesian problems; characterization of Bayes procedures (62C10)

Related Items (1)

A decision model based on expected utility, entropy and variance

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