Optimal Decision Rules in Uncertain Dichotomous Choice Situations

S. Nitzan, J. Paroush

Research output: Contribution to journalArticlepeer-review

Abstract

This paper is concerned with the problem of selecting an optimal neutral decision rule for a set of individuals with identical objectives but with possibly different abilities to identify the correct course of action necessary for the attainment of their common goal. A couple of examples are in order.(1) A certain firm is divided into three major departments: production, marketing and personnel, and its management consists of the three departmental heads.
Original languageAmerican English
Pages (from-to)289-297
JournalInternational Economic Review
Volume23
Issue number3
StatePublished - 1982

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