Abstract
A major use of statistical inference is its application to decision making under uncertainty. When the costs and/or benefits of our actions depend on quantities we will not know until after we make our decisions, we need to be able to weigh the costs against the uncertainties intelligently.
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© 1995 Springer-Verlag New York, Inc.
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Schervish, M.J. (1995). Decision Theory. In: Theory of Statistics. Springer Series in Statistics. Springer, New York, NY. https://doi.org/10.1007/978-1-4612-4250-5_3
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DOI: https://doi.org/10.1007/978-1-4612-4250-5_3
Publisher Name: Springer, New York, NY
Print ISBN: 978-1-4612-8708-7
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