THREE-WAY GOVERNMENT DECISION ANALYSIS WITH DECISION-THEORETIC ROUGH SETS-Reference-Cited by-同舟云学术

THREE-WAY GOVERNMENT DECISION ANALYSIS WITH DECISION-THEORETIC ROUGH SETS

Published:2012-06 Issue:supp01 Volume:20 Page:119-132
ISSN:0218-4885
Container-title:International Journal of Uncertainty, Fuzziness and Knowledge-Based Systems
language:en
Short-container-title:Int. J. Unc. Fuzz. Knowl. Based Syst.

Author:

LIU DUN¹,LI TIANRUI²,LIANG DECUI¹

Affiliation:

1. School of Economics and Management, Southwest Jiaotong University, Chengdu, 610031, P. R. China

2. School of Information Science and Technology, Southwest Jiaotong University, Chengdu, 610031, P. R. China

Abstract

By considering the risks in policy making procedure, a three-way decision approach based on the decision-theoretic rough set model is adopted to risk government decision-making. A three-way decision is made based on a pair of thresholds on conditional probabilities. A positive rule makes a decision of executing, a negative rule makes a decision of non-executing, and a boundary rule makes a decision of deferment. The loss functions are used to calculate the required two thresholds to describe the decision risk with the Bayesian decision procedure. A case study of government petroleum risk investment demonstrates the proposed method.

Publisher

World Scientific Pub Co Pte Lt

Subject

Artificial Intelligence,Information Systems,Control and Systems Engineering,Software

Link

https://www.worldscientific.com/doi/pdf/10.1142/S0218488512400090

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