Aggregation in Decision Problems: Concepts and Applications
This paper discusses the concept of aggregation in decision problems with the Bayesian approach. A variety of examples are provided for illustrative purposes. An aggregation error is said to occur when analyses made at aggregate and disaggregate levels yield different re suits. In the absence of agg...
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| Format: | Article |
| Language: | English |
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Elsevier
2009-07-01
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| Series: | Journal of King Saud University: Engineering Sciences |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S1018363918305142 |