Minimizing regret in dynamic decision problems

被引:0
|
作者
Joseph Y. Halpern
Samantha Leung
机构
[1] Cornell University,Department of Computer Science
来源
Theory and Decision | 2016年 / 81卷
关键词
Ambiguity aversion; Minimax regret; Dynamic inconsistency;
D O I
暂无
中图分类号
学科分类号
摘要
The menu-dependent nature of regret minimization creates subtleties when it is applied to dynamic decision problems. It is not clear whether forgone opportunities should be included in the menu. We explain commonly observed behavioral patterns as minimizing regret when forgone opportunities are present. If forgone opportunities are included, we can characterize when a form of dynamic consistency is guaranteed.
引用
收藏
页码:123 / 151
页数:28
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