Why do Info-Gap proponents persist in using the wrong Maximin formulation in their analysis of the relationship between Maximin and Info-Gap?
Answer-59: I have no explanation for this. Since they are fully aware of the existence of the correct Maximin formulation and they do not question its validity as a proper representation of Info-Gap’s decision-making model, it is indeed baffling. It would appear that this saga continues because Info-Gap proponents try to maintain the myth that Info-Gap’s robustness and decision-making models are not Maximin models. Perhaps.
Related Questions
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