Blar i Norges Banks vitenarkiv på emneord "min-max policy"
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Monetary Policy Under Uncertainty: Min-Max vs Robust-Satisficing Strategies
(Working Papers;6/2007, Working paper, 2007)We study monetary policy under uncertainty. A policy which ameliorates a worst case may differ from a policy which maximizes robustness and satisfices the performance. The former strategy is min-maxing and the latter ...