Robustness issues under imprecise beliefs and preferences |
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Authors: | David Ríos Insua Jacinto Martín |
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Institution: | Department of Artificial Intelligence, Universidad Politécnica de Madrid, 28660 Madrid, Spain |
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Abstract: | Robust Bayesian analysis has been rapidly developing, specially in terms of sensitivity to the prior. We argue that these studies are insufficient in decision-making contexts. Consequently, we discuss what robustness issues should be of interest in those situations and provide answers in some important cases. |
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Keywords: | Decision theory Bayesian robustness sensitivity analysis imprecision |
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