Folding Back in Decision Tree Analysis


Article
volume 40, issue 5 pp 625-628.
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This note demonstrates that two minimal requirements of decision tree analysis, the folding back procedure and the interchangeability of consecutive event nodes, imply independence



Keywords


Automatically Extracted Terms
  • decision
  • event
  • event nodes
  • utility
  • independence
  • decision trees
  • analysis
  • nonexpected utility models
  • decision tree analysis
  • probability
  • model
  • assumption
  • preference
  • consistency
  • tree 2.
  • tree 1
  • result
  • management
  • interchangeability
  • equivalent