J4

Previous Articles     Next Articles

Expected Value of Sampling Information for Linear Decision Problem on Two Actions under the Be-B Model

YANG Feng-kai1,WANG De-hui2,SONG Li-xin3   

  1. (1.Department of Applied Mathematics,Shandong University at Weihai,Weihai264209,Shandong Province,China;2.College of Mathematics,Jilin University,Changchun 130012,China;3.Department of Applied Mathematics,Dalian University of Technology,Dalian 116023,Liaoning Province,China)
  • Received:2005-01-25 Revised:1900-01-01 Online:2005-09-26 Published:2005-09-26
  • Contact: YANG Feng-kai

Abstract: A Be-B decision model is proposed and the calculation of the expected value of sampling information (EVSI) for linear decision problem on two actions under the model mentioned above is discussed.By calculating the posterior distribution of the parameter,the choosing criteria about the best posterior actions is established and the best decision function is obtained.Finally,the counting formula of EVSI is given.

Key words: (Be-B)model, linear decision on two actions, expected value of sampling information, complete information

CLC Number: 

  • O212.5