Keywords
optimization criteria, uncertainty conditions, risk conditions, state of nature, Wald's criterion, pessimism criterion, Savage's criterion, Hurwicz's criterion, Bayes' criterion, Laplace's criterion, Bernoulli's criterion, Hermeyer's criterion, Hodges-Lehmann's criterion, Hermeyer-Hurwicz's criterion
How to Cite
JOSU, N. (2024). Theoretical and practical aspects of applying decision criteria in a game with nature. Acta Et Commentationes Sciences of Education , 35(1), 47-60. https://doi.org/10.36120/2587-3636.v35i1.47-60
Abstract
This article succinctly outlines certain theoretical aspects concerning decision criteria and their practical application within the realm of game theory. The aim of this article is to enhance and reinforce practical aptitudes in making and justifying decisions in situations characterized by limited information, where one player lacks a clearly defined objective and selects subsequent moves randomly.
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