On Some Open Questions in Statistical Decision Theory
G. Menges · Palgrave Macmillan UK eBooks · 1968
T he concept of decision ranges from predetermined actions, e.g. reflexes or instinctive actions, to chaotic decisions in entirely open situations. Both extremes are excluded from our considerations. We shall deal only with those decisions which terminate a conflict. The person involved in the conflict is the decision-maker , an idealized figure assumed to be equipped with unlimited logical faculties and computational capacity. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.