Hurwicz Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Hurwicz? On this page you'll find 8 study documents about Hurwicz.
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IBA Year 1 Quantitative Decision Making Summary
- Summary • 13 pages • 2022
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- $5.36
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The summary contains all chapters of the course Quantitative Decision making. I paid attention to all lecture slides, the workshops and the book. Received a 7.4 as a grade but I didnt study well and focused more on Operations Management.
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GAME THEORY
- Class notes • 53 pages • 2024
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- $8.98
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In	this	course,	the	concept	of	Nash	equilibrium,	along	with	its	 
refinements,	 will	 be	 discussed	 to	 track	 down	 the	 different	 
forms	of	interactive	decision	problem.		Some	game-theoretic	 
tools	such	as	backward	induction	and	Bayesian	rationality	will	 
be	 introduced	 to	 explain	 the	 intuition	 behind	 some	 real-life	 
situations	in	the	fields	of	social science.
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Class notes DECISION THEORY
- Class notes • 21 pages • 2022
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Available in package deal
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- $7.49
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These notes are well detailed and include illustrations to help you understand. It includes questions and answers to assist in your revision. 
CONTENTS: 
-	Decision process 
-	Decision making environment - deterministic situation (certainty), analytical hierarchical approach (AHA), risk and uncertainty, stochastic situations (risk), situations of uncertainty 
-	Decision making under uncertainty - maximin, maximax, minimax regret, Hurwicz decision rule, Laplace decision rule 
-	Decision making un...
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MAT540 Homework Week 2 Page 1 of 4
- Exam (elaborations) • 6 pages • 2022
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- $15.49
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MAT540 Homework Week 2 Page 1 of 4 
MAT540 
Week 2 Homework 
Chapter 12 
1. A local real estate investor in Orlando is considering three alternative investments; a motel, a 
restaurant, or a theater. Profits from the motel or restaurant will be affected by the availability of 
gasoline and the number of tourists; profits from the theater will be relatively stable under any 
conditions. The following payoff table shows the profit or loss that could result from each investment: 
Investment 
Weathe...
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MAT 540 WEEK 2 HOMEWORK CHAPTER 12(LATEST 2020) Download to SCORE A: STRAYER UNIVERSITY
- Study guide • 6 pages • 2020
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- $14.99
- 1x sold
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MAT 540 Week 2 Homework Chapter 12 (New Data)

1. A local real estate investor in Orlando is considering three alternative investments: a motel, a restaurant, or a theater. Profits from the motel or restaurant will be affected by the availability of gasoline and the number of tourists; profits from the theater will be relatively stable under any conditions. The following payoff table shows the profit or loss that could result from each investment: Gasoline Availability Investment Shortage Stable...
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(2022/2023) MAT 540 Week 2 Homework Chapter 12 (New Data) 1. A local real estate investor in Orlando is considering three alternative investments: a motel, a restaurant, or a theater. Profits from the motel or restaurant will be affected by the availabil
- Exam (elaborations) • 5 pages • 2020
- Available in package deal
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- $14.49
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(2022/2023) 
MAT 540 Week 2 Homework Chapter 12 (New Data) 
 
1. A local real estate investor in Orlando is considering three alternative investments: a motel, a restaurant, or a theater. Profits from the motel or restaurant will be affected by the availability of gasoline and the number of tourists; profits from the theater will be relatively stable under any conditions. The following payoff table shows the profit or loss that could result from each investment: Gasoline Availability Investment ...
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MAT 540 WEEK 3 QUIZ 2 2016
- Exam (elaborations) • 6 pages • 2019
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- $10.49
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Question 1 
1. If two events are not mutually exclusive, then P(A or B) = P(A) P(B)
True 
False 
2 points 
Question 2 
1. Seventy two percent of all observations fall within 1 standard deviation of the mean if the data is normally distributed.
True 
False 
2 points 
Question 3 
1. Probability trees are used only to compute conditional probabilities. 
True 
False 
2 points 
Question 4 
1. The equal likelihood criterion assigns a probability of 0.5 to each state of nature, regardless of how many...
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MAT 540 WEEK 3 QUIZ 2 2016 VERSION
- Exam (elaborations) • 8 pages • 2018
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- $15.49
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Question 1 
1. If two events are not mutually exclusive, then P(A or B) = P(A) P(B)
True 
False 
2 points 
Question 2 
1. Seventy two percent of all observations fall within 1 standard deviation of the mean if the data is normally distributed.
True 
False 
2 points 
Question 3 
1. Probability trees are used only to compute conditional probabilities. 
True 
False 
2 points 
Question 4 
1. The equal likelihood criterion assigns a probability of 0.5 to each state of nature, regardless of how many...
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