Computer Science
8 years ago

Experts' Advice Transforms Decision-Making, Empowering Individuals to Navigate Life's Complexities.

1 view
Communication in Statistics- Theory and Methods
The use of utilities and experts in decision-making
I. Garisch, De Waal, P. C. N. Groenewald

Paper Summary

The article discusses how decision-makers can use their preferences to make decisions when consulting experts or when no experts are available. It presents four different scenarios and uses an example to illustrate them. The main idea is that decision-makers can use their own preferences to make informed decisions, even without expert input.

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