Article ID: | iaor20014123 |
Country: | China |
Volume: | 20 |
Issue: | 1 |
Start Page Number: | 67 |
End Page Number: | 70 |
Publication Date: | Jan 2000 |
Journal: | Systems Engineering Theory & Practice |
Authors: | Yang Xinzhang, Zhao Yong, Yue Chaoyuan |
Keywords: | decision theory: multiple criteria |
Game theoretic approach is a good way to quantify the decision maker's beliefs on uncertainty. This paper discusses a betting model in which players with two-sided private information have multi-prior expected utilities, and the results are similar to those of Morris.