How to Make a Decision under Interval Uncertainty If We Do Not Know the Utility Function

Authors

Jeffrey Escamilla, The University of Texas at El PasoFollow
Vladik Kreinovich, The University of Texas at El PasoFollow

Publication Date

4-1-2024

Comments

Technical Report: UTEP-CS-24-15

Abstract

Decision theory describes how to make decisions, in particular, how to make decisions under interval uncertainty. However, this theory's recommendations assume that we know the utility function -- a function that describes the decision maker's preferences. Sometimes, we can make a recommendation even when we do not know the utility function. In this paper, we provide a complete description of all such cases.