Sequential decision model on information searching
Guoxin Zhao · Jounal of Xidian University · 2000
On the basis of Ba yesian Equation and analysis of making a decision in an uncertain situation, th is paper presents the concepts of Expected posterior probability, Risk-losses a nd Expected risk-losses, puts forward the principle to minimize the decision ri sk-losses and proposes a Sequential Decision Model on Information seaching proc ess when the information is incomplete and information searching needs costs. Th en it discusses two information searching schemes and finally it gives an exampl e of information searching process.