Elicitation of subjective probabilities in the context of decision-making

dc.contributor.author	Sarin, R. K.
dc.date.accessioned	2010-03-13T10:31:42Z
dc.date.available	2010-03-13T10:31:42Z
dc.date.copyright	1976-03
dc.date.issued	2010-03-13T10:31:42Z
dc.identifier.uri	http://hdl.handle.net/11718/1044
dc.description.abstract	In this paper a framework is developed to seek information from the decision-maker about uncertain events, and to use this information for identifying a preferred alternative. Existing methods are examined critically to determine the best strategy for eliciting subjective probabilities in the context of decision-making. It is shown how a preferred alternative can be identified with less than perfect knowledge of the probabilities.	en
dc.language.iso	en	en
dc.relation.ispartofseries	WP;1976/105
dc.subject	Decision-making	en
dc.subject	Probabilities	en
dc.title	Elicitation of subjective probabilities in the context of decision-making	en
dc.type	Working Paper	en