5. Dynamic models

5.1 Information structures and filtering

Let's now consider a situation in which the decision-maker has to choose an action a whose consequences are uncertain and spread over time. To model this situation, we introduce Ω the space of states of the world and $T$ the space of possible dates. Typically, $T$ can be finite with $T = {0,$

You do not have access to this resource.

Exclusive to subscribers. 97% yet to be discovered!

You do not have access to this resource. Click here to request your free trial access!

Already subscribed? Log in!

Ongoing reading
Dynamic models

Previous
page Non-linear decision models in the face of risk and uncertainty

Conclusion

Article included in this offer

"Mathematics"

( 165 articles )

Complete knowledge base

Updated and enriched with articles validated by our scientific committees

Services

A set of exclusive tools to complement the resources

View offer details

Bibliography

(1) - AINSLIE (G.) - Impulse control in pigeons. - Journal of the Experimental Analysis of Behavior, 21, 485-489 (1974).
(2) - BERNOULLI (D.) - Specimen theoriae novae de mensura sortis. - Papers Imp. Acad. Sci. St. Petersburg 5, 175-192....

You do not have access to this resource.

Exclusive to subscribers. 97% yet to be discovered!

You do not have access to this resource. Click here to request your free trial access!

Already subscribed? Log in!