[#2] Decision Under Uncertainty | Minimax Regret criterion | Hurwicz criterion | by kauserwise

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

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