Appendix

A.1 Notation

Notation

Explanation

Chapter

≻, ≺

preference relations

2

~

equivalence relation

2

Z

set of outcomes, rewards

3

z

outcome, generic element of Z

3

z0

best outcome

3

z0

worst outcome

3

Zi1i2...is0k

outcome from actions Image when the state of nature is Image

12

Zi1i2...iSk

outcome from actions Image when the state of nature is Image

12

Θ

set of states of nature, parameter space

3

θ

event, state of nature, parameter, generic element of Θ, scalar

2

θ

state of nature, parameter, generic element of Θ, vector

7

Image

generic state of nature upon taking stopping action Image at stage s

12

Image

generic state of nature at last stage S upon taking action Image

12

π

subjective probability

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