lose gains from specialization. Need for robustness comes from our limited knowledge. Rational dealing with uncertainty … requires to accord the degree of specialization to the reliability of knowledge about the relevant circumstances. In practical …

argues that an appropriate model for dealing with uncertainty keeps the knowledge required by the model from its user in line … with the available knowledge. In particular, it proposes to order state spaces by their “granularity” and “coverage …

-gap robust satisficing approach to derive a trade-off between confidence and performance (analogous to confidence intervals in …

use the info-gap robust satisficing approach to derive a trade-off between confidence and performance (analogous to … confidence intervals in the Bayesian approach but without assignment of probabilities). The authors show that this trade off can …