GAME THEORY AND PRACTICAL APPLICATION OF MATHEMATICAL CRITERIA

Authors

  • Karshiboyev Kh.K. Author

Keywords:

Keywords: risk and uncertainty, game theory, payoff matrix, Wald criterion, Savage criterion, Hurwitz criterion, decision making, operational design.

Abstract

Abstract: The article studies the mathematical models of stochastic and game theory of economic decision-making under uncertainty and risk. Unlike traditional models, it is necessary to determine the products that directly determine the functioning of the real business environment. As a research method, games with nature (Payoff matrix), Wald (Maximin), Maximax, Savage (Minimax methodology) and a set of Hurwitz criteria were used. table, example A matrix of strategies for various market scenarios in conditional production is compiled, and an algorithm for developing the most optimal strategy depending on the technical portrait of the manager (expert or cautious).

Published

2026-06-17