Channel: Kauser Wise

Category: Education

Tags: criterion of pessimismdecision theoryhurwiczmaximax criteriondecision theory in englishminimax criterioncriterion of optimismregret tabledecision theory payoff tablehurwicz alpha criterionunder uncertaintydecision theory sem 6decision under uncertainty in hindisavage regret criterionhurwicz criteriondecision theory in hindicriterion of realismdecision theory fybcomdecision theory under uncertaintyminimax regretweighted average criterion

Description: This is the video about decision theory under uncertainty in Operations research. In this second part of the video contains, the below criterion with solved problem. MiniMax Regret criterion or Savage criterion (Maximization problems) (Minimization Problem) Hurwicz criterion or criterion of Realism or weighted average criterion Please try to watch the complete video to understand the subject thoroughly. In the first part we have seen the video for the following information, -What is decision theory briefly and its environments (decision under certainty and decision under risk and decision under uncertainty) -Under uncertainty we have seen five different criterion along with the problems. -decision under uncertainty in that video we seen the below information. What is Laplace criterion or Equal probability or Rationality or Bayes's criterion What is criterion of Optimism (Decision theory when MaxiMax criterion) (Decision theory when MiniMin criterion) Criterion of pessimism or Wald criterion (Decision theory when MaxiMin criterion) (Decision theory when MiniMax criterion) For - [#1] Decision theory under uncertainty for first 3 criterion : youtu.be/EyVYAngxkPA PlayList - Game Theory Collections youtube.com/playlist?list=PLabr9RWfBcnp8CT6my-Q89N0o-E6tcM6q PlayList - CPM | PERT | CRASHING of PROJECT NETWORK: youtube.com/playlist?list=PLabr9RWfBcnpRfJuZWcEOthynn1Smu5_S PlayList - Assignment Problem in Operations research Video collections By Kauserwise: youtube.com/playlist?list=PLabr9RWfBcnrP8NM55-ta-sT-G6fg8A8Z PlayList - Transportation Problems Collections youtube.com/playlist?list=PLabr9RWfBcnqy9bzlLlp71FD7RjJHNiOg Playlist - Operation Research video collections: youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu Hope this video will help you to understand the problem about decision under uncertainty, if you like this video please share with your friends. Thanks you and All the Best. Related to: decision theory fybcom, decision theory fybcom maths, decision theory sem 6, decision theory school of management, decision theory b.com, statistical decision theory m.com, decision theory fybcom sem 1, decision theory under risk operations research, decision theory under uncertainty and risk, decision making theory under risk, decision theory fybcom, decision theory under risk, decision theory fybcom maths, decision theory in hindi, decision theory sem 6, decision theory school of management, decision theory and decision trees, decision theory approach, decision theory and game theory, decision theory analysis, decision theory approach in management, decision theory and decision tree analysis, decision theory problems and solutions, decision theory b.com, decision theory basics, decision theory bcom sem 6, decision theory bayesian, bayes decision theory, decision theory concepts, decision theory course, maximin criterion decision theory, decision theory under certainty, decision theory b.com sem 6, decision theory decision tree, decision theory definition, decision theory difference equations, descriptive decision theory, decision theory examples, decision theory explained, decision theory expected monetary value, game theory decision analysis, game theory decision science, game theory decision tree examples, decision theory hurwicz, decision theory hindi, decision theory hypothesis testing, statistical decision theory in hindi, decision making theory in hindi, bayesian decision theory in hindi, decision theory in operation research, decision theory in english, decision theory in or, decision theory laplace, decision theory model, Hurwicz alpha value, hurwicz criterion decision making, hurwicz alpha criterion, decision theory maximax criterion, decision theory minimax regret, decision theory meaning, decision theory operations research in english, decision theory of operation research, decision theory operations research in hindi, decision theory problems, decision theory probability, decision theory payoff table, decision theory problems and solutions in english, decision theory regret table, decision theory operations research, regret decision theory, decision making theory under risk, decision theory statistics, decision theory under uncertainty, decision theory under risk operations research, decision theory under uncertainty and risk, decision theory under uncertainty examples, decision theory utility, decision theory vs game theory, decision theory video lectures, decision theory video, expected value theory decision making, decision theory with probability, decision weights prospect theory, decision theory youtube, minimax regret criterion formula, minimax regret criterion for decision making, minimax regret criterion problem, hurwicz criterion formula, hurwicz criterion in decision making under uncertainty, decision theory in hindi,