Original Research
A review on statistical Bayes decision theory in the case of more than one individual
Suid-Afrikaanse Tydskrif vir Natuurwetenskap en Tegnologie | Vol 2, No 4 | a1128 |
DOI: https://doi.org/10.4102/satnt.v2i4.1128
| © 1983 D. J. de Waal
| This work is licensed under CC Attribution 4.0
Submitted: 24 March 1983 | Published: 24 March 1983
Submitted: 24 March 1983 | Published: 24 March 1983
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D. J. de Waal,, South AfricaFull Text:
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A review on statistical Bayes decision theory in the case of more than one individual is given. Although several solutions are pointed out, special attention is given to the Nash solution as a good candidate to use in practical decision problems. Attention is given to a decision problem where the best decision out of a finite number of decisions has to be taken and there is also an estimation of a binomial parameter by several Bayesians.
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