| Info-Gap Decision Theory | Voodoo Decision-Making | Robust Decisions | Severe Uncertainty | Satisficing vs Optimizing | Maximin |
A very popular puzzle among math teachers. Indeed, it appears on a number of very popular lists!
I decided to take a formal look at it only very recently and to my big surprise I quickly discovered that the treatment of this puzzle in the official literature only scratches the surface.
So .... during my 2002 sabbatical I decided to investigate this gem more thoroughly. I published the results in a recent paper.
I highly recommend this paper to lecturers who teach subjects that are related to decision-making under uncertainty.
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