is closest to the individual rankings. Their methods differ according to the notion of distance that they use. The best … loss is minimised. This approach requires a loss function, a concept closely related the notion of distance between …

The concept of Ambiguity designates those situations where the information available to the decision maker is …? The present paper fi…lls these gaps. Speci…fically, it identifi…es those information structures that are incompatible with … information. These are used to give a formal de…finition of Ambiguity and, consequently, to distinguish between ambiguous and …

The Model studies information sharing and the stability of cooperation in cost Research Joint Ventures (RJVs). …