• DocumentCode
    1082368
  • Title

    An Abbreviated States of the World Decision Model

  • Author

    Fishburn, Peter C.

  • Author_Institution
    Advanced Research Department, Research Analysis Corporation, McLean, Va. 22101
  • Volume
    4
  • Issue
    3
  • fYear
    1968
  • Firstpage
    300
  • Lastpage
    306
  • Abstract
    Terminal acts and states of the world are specified, but detailed consequences may not be explicitly listed in an abbreviated states model. Axiomatic analyses of this model, with and without experimentation prior to the selection of a terminal act, are presented. In the abbreviated model, state probabilities are not defined, but the analysis is similar in many ways to more specialized models that permit derivations of state probabilities.
  • Keywords
    Communication system control; Costs; Information analysis; Investments; Petroleum; Risk analysis; Risk management; Statistics; Uncertainty; Utility theory;
  • fLanguage
    English
  • Journal_Title
    Systems Science and Cybernetics, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0536-1567
  • Type

    jour

  • DOI
    10.1109/TSSC.1968.300123
  • Filename
    4082158