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Dominance in the Monty Hall Problem

Abstract

Elementary decision-theoretic analysis of the Monty Hall dilemma shows that the problem has dominance. This makes possible to discard nonswitching strategies, without making any assumptions on the prior distribution of factors out of control of the decision maker. A path to the Bayesian and the minimax decision-making environments is then straightforward.Comment: http://www.springerlink.com/content/8402812734520774/fulltext.pd

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