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On the valuation of alternatives for decision‐making under uncertainty
Author(s) -
Yager Ronald R.
Publication year - 2002
Publication title -
international journal of intelligent systems
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.291
H-Index - 87
eISSN - 1098-111X
pISSN - 0884-8173
DOI - 10.1002/int.10044
Subject(s) - probabilistic logic , valuation (finance) , computer science , decision analysis , influence diagram , focus (optics) , possibility theory , representation (politics) , management science , artificial intelligence , decision tree , mathematics , mathematical economics , engineering , economics , fuzzy set , fuzzy logic , physics , politics , law , political science , optics , finance
We focus on the problem of decision‐making in the face of uncertainty. The issue of the representationof uncertain information is considered and a number of different frameworks are described: possibilistic,probabilistic, belief structures, and graded possibilistic. We suggest methodologies for decision‐making inthese different environments. The importance of decision attitude in the construction of decision functions isstrongly emphasized. © 2002 Wiley Periodicals, Inc.