Statistical Decision Functions with Judgment
نویسندگان
چکیده
A decision maker tests whether the gradient of loss function evaluated at a judgmental is zero. If test does not reject, action decision. rejects, sets equal to boundary rejection region. This statistical rule admissible and conditions on sample realization. The confidence level reflects maker’s aversion uncertainty. applied problem asset allocation. JEL Classification: C1, C11, C12, C13, D81
منابع مشابه
Judgment and Decision Making:
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ژورنال
عنوان ژورنال: Social Science Research Network
سال: 2021
ISSN: ['1556-5068']
DOI: https://doi.org/10.2139/ssrn.3797131