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Showing results for tags 'Uncertainty'.
Hi, My guest post on Judith Curry's blog has been posted here: http://judithcurry.com/2015/11/29/decision-making-under-uncertainty-maximize-expected-social-welfare/ This is a shorter version of a longer version here: https://curryja.files.wordpress.com/2015/11/expected-social-welfare-maximization-2.pdf The longer version has a lot more nuance, but I had to keep the word limit to around 4000 for the shorter version. If you want to make any comments on it, please post here. Expected social welfare maximization is a way to make decision making under uncertainty. This is especially applicabl