Some Notes on Maximum Entropy Utility

The maximum entropy principle is effective in solving decision problems, especially when it is not possible to obtain sufficient information to induce a decision. Among others, the concept of maximum entropy is successfully used to obtain the maximum entropy utility which assigns cardinal utilities...

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Bibliographic Details
Main Authors: Eun Young Kim, Byeong Seok Ahn
Format: Article
Language:English
Published: MDPI AG 2019-06-01
Series:Entropy
Subjects:
Online Access:https://www.mdpi.com/1099-4300/21/7/637