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On the Efficient Allocation of Resources for Hypothesis Evaluation: A Statistical Approach

On the Efficient Allocation of Resources for Hypothesis Evaluation: A Statistical Approach

Chien, S.; Gratch, J.; Burl, M.
URI: http://hdl.handle.net/2014/33575
Date: 1994

Abstract:

This paper considers the decision-making problem of selecting a strategy from a set of alternatives on the basis of incomplete information (e.g., a finite number of observation). At any time the system can adopt a particular strategy or decide to gather additional information at some cost.

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