What is the significance of the local nature of Info-Gaps robustness model?
Answer-14: The significance of the local nature of Info-Gap’s robustness model is that, methodologically, it determines the robustness of decision d, namely the value of α(d,û), only on the basis of the performance of d on U(α(d,û),û). In other words, the value of α(d,û) does not represent the performance of decision d outside the region U(α(d,û),û).
