On a Decision Rule for Mixed Strategy Searching Under Uncertainty on the basis of the Coefficient of Optimism

Helena Gaspars-Wieloch


The paper presents a new decision rule which may be applied for mixed strategy searching under uncertainty, which means that the decision maker (DM) is able to prepare a payoffs’ matrix with possible alternatives and scenarios, but he does not know the probability of the occurrence of particular states of nature. The advantage of the new method, called the β-decision rule for mixed strategies, is the fact that it takes into account the DM's coefficient of optimism on the basis of which a set of the most probable events is suggested and an optimization model is formulated and solved.
Author Helena Gaspars-Wieloch (WIiGE / KBO)
Helena Gaspars-Wieloch,,
- Department of Operations Research
Journal seriesProcedia -Social and Behavioral Sciences, ISSN 1877-0428, (0 pkt)
Issue year2014
Publication size in sheets0.5
Conference2nd International Scientific Conference „Contemporary Issues in Business, Management and Education 2013" (CBME-2013), 11-05-2013 - 12-05-2013, Vilnius, Litwa
Keywords in Englishuncertainty; coefficient of optimism; mixed strategy; optimization model; decision rule; scenarios
Languageen angielski
Score (nominal)5
Score sourcejournalList
ScoreMinisterial score = 0.0, 17-12-2019, ArticleFromJournal
Ministerial score (2013-2016) = 5.0, 17-12-2019, ArticleFromJournal
Publication indicators WoS Citations = 6
Citation count*12 (2020-01-19)
Additional fields
Special IssueThe 2-dn International Scientific conference „Contemporary Issues in Business, Management and Education 2013“
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