Abstract
This paper deals with asymmetric decision problems. We describe a generalization of the valuation network representation and solution technique to enable efficient representation and solution of asymmetric decision problems. The generalization includes the concepts of indicator valuations and effective frames. We illustrate our technique by solving Raiffa’s oil wildcatter’s problem in complete detail.
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© 1996 Springer-Verlag New York, Inc.
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Shenoy, P.P. (1996). Representing and Solving Asymmetric Decision Problems Using Valuation Networks. In: Fisher, D., Lenz, HJ. (eds) Learning from Data. Lecture Notes in Statistics, vol 112. Springer, New York, NY. https://doi.org/10.1007/978-1-4612-2404-4_10
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DOI: https://doi.org/10.1007/978-1-4612-2404-4_10
Publisher Name: Springer, New York, NY
Print ISBN: 978-0-387-94736-5
Online ISBN: 978-1-4612-2404-4
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