Statements (18)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
decision rule
|
| gptkbp:alsoKnownAs |
minimax regret criterion
|
| gptkbp:appliesTo |
decision making under uncertainty
|
| gptkbp:category |
economics
operations research statistics |
| gptkbp:contrastsWith |
maximax criterion
maximin criterion |
| https://www.w3.org/2000/01/rdf-schema#label |
Savage criterion
|
| gptkbp:proposedBy |
gptkb:Leonard_J._Savage
|
| gptkbp:reduces |
maximum regret
|
| gptkbp:regretDefinedAs |
difference between payoff of chosen action and best possible action in each state
|
| gptkbp:relatedTo |
expected utility theory
|
| gptkbp:usedIn |
decision theory
|
| gptkbp:yearProposed |
1951
|
| gptkbp:bfsParent |
gptkb:Jimmie_Savage
gptkb:L._J._Savage |
| gptkbp:bfsLayer |
8
|