Note—Rolling Back Decision Trees Requires the Independence Axiom!

Published Online:https://doi.org/10.1287/mnsc.32.3.382

The Herstein–Milnor independence axiom is a necessary condition for recursion analysis of decisions in extensive (=tree) form.

INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.