This is the video about decision theory under uncertainty in Operations research. The first part of this video contains: -What is decision theory briefly and its environments (decision under certainty and decision under risk and decision under uncertainty) -Under uncertainty we have seen five different criterion along with the problems. -decision under uncertainty in that video we seen the below information. What is Laplace criterion or Equal probability or Rationality or Bayes's criterion What is criterion of Optimism? (Decision theory when MaxiMax criterion) (Decision theory when MiniMin criterion) Criterion of pessimism or Wald criterion (Decision theory when MaxiMin criterion) (Decision theory when MiniMax criterion) In the next part will contains the below criterions MiniMax Regret criterion or Savage criterion (Maximization problems) (Minimization Problem) Hurwicz criterion or criterion of Realism or weighted average criterion For - Regret criterion and Hurwicz criterion: https://www.youtube.com/watch?v=WG0mhsfcqvk PlayList - Game Theory Collections    • Playlist Game Theory Collections - By...   Playlist - Operation Research video collections:    • Playlist [Operation Research video co...   Follow Us On: =============================== ►Instagram: https://instagram.com/kauserwise_offical ►Main Channel: null ►KauserwiseQT: null ►Kauserwiseaccounts: null ►Kauserwise Tamil: null =============================== 👇List of Subjects and it's Play List👇 ►Financial Management ►Financial Accounting ►Corporate Accounting ►Cost and Management Accounting ►Operations Research ►Statistics Link for ►Playlist - FM [Financial Management video collections]    • Playlist FM Financial Management vide...   Link for ►Playlist [Financial accounting tutorial collections]    • Playlist [Financial accounting tutori...   Link for ►Playlist [Corporate accounting tutorial collections]    • Playlist [Corporate accounting tutori...   Link for ►Playlist [Cost and Management accounting collections]    • Playlist [Cost and Management account...   Link for ►Playlist [Operation Research video collections]    • Playlist [Operation Research video co...   Link for ►Playlist Statistics video collections    • Playlist Statistics video collections...   Thanks kauserwise®