Maximin Criterion
Bibliographic Data
| ID | 23620524 |
|---|---|
| Authors | Eduardo Ley (World Bank, corresponding author) |
| Year | 2015 |
| Pages | 1-1 |
| Publication date | 2015-01-21 |
| Open Access | Yes |
| Type | CHAPTER |
| Venue | Wiley Encyclopedia of Management (SOURCE_BOOK) |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/9781118785317.weom080005 |
| OpenAlex | W4241804370 |
| ISBN | 9781118785317 |
| Language | EN |
Suppose that, when a manager is faced with a decision, the payoffs from choosing any of the different strategies available will depend on the circumstances beyond her control (e.g., stochastic events, other people's strategies, etc.), which we shall refer to as “states of the world.”
Control (management) · Economics · Mathematical economics · Minimax · Operations research · Artificial Intelligence · Complex Systems and Decision Making · Computer Science · Mathematics
| Highly cited | No |
|---|