Title :
Decision-Making Criterions Research on Uncertainty Decision-Making Problems Based on Belief Functions
Author :
Wenhong Lv ; Fanghua Xie ; JieHua Liu
Author_Institution :
Traffic Inf. Inst., Shandong Univ. of Sci. & Technol., Jinan
Abstract :
The decision-making criterions on uncertain consequence problems are discussed in the paper. The commonly used decision-making criterions include: the maximum expected utility criterion, the max-min criterion, the max-max coefficient criterion, the minimization of maximal regret criterion. The four criterions used to be discussed based on Bayesian decision modeling. In this paper, they are discussed based on belief functions, the procedure based on each criterion is putting forward. Finally, a numerical example is given to illustrate the method of the four criterions based on belief functions.
Keywords :
Bayes methods; decision making; minimisation; uncertainty handling; Bayesian decision modeling; belief functions; decision making criterions research; max-max coefficient criterion; max-min criterion; maximal regret criterion; maximum expected utility criterion; minimization; uncertain consequence problems; uncertainty decision making; Bayesian methods; Decision making; Paper technology; Q measurement; State-space methods; Uncertainty; Utility theory;
Conference_Titel :
Innovative Computing Information and Control, 2008. ICICIC '08. 3rd International Conference on
Conference_Location :
Dalian, Liaoning
Print_ISBN :
978-0-7695-3161-8
Electronic_ISBN :
978-0-7695-3161-8
DOI :
10.1109/ICICIC.2008.211