Will ardent Info-Gap proponents ever concede that Info-Gaps robustness and decision-making models are Maximin models?
Answer-53: Extremely unlikely. For some years now — at least since 1999 — the thesis that Info-Gap’s robustness model is not a Maximin model has been a fixture in the Info-Gap literature. This thesis has been part of the broader thesis that Info-gap is a novel/radical approach to decision making under uncertainty. So understandably, an admission to the contrary is no simple matter.
Related Questions
- Why do Info-Gap proponents persist in using the wrong Maximin formulation in their analysis of the relationship between Maximin and Info-Gap?
- Will ardent Info-Gap proponents ever concede that Info-Gaps robustness and decision-making models are Maximin models?
- In what sense is Walds Maximin model much more powerful and general than Info-Gaps decision-making model?