Mathematics – History and Overview
Scientific paper
2011-06-04
The Mathematical Intelligencer (26 October 2011), pp. 1-8
Mathematics
History and Overview
http://www.springerlink.com/content/8402812734520774/fulltext.pdf
Scientific paper
10.1007/s00283-011-9253-0
Elementary decision-theoretic analysis of the Monty Hall dilemma shows that
the problem has dominance. This makes possible to discard nonswitching
strategies, without making any assumptions on the prior distribution of factors
out of control of the decision maker. A path to the Bayesian and the minimax
decision-making environments is then straightforward.
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