{"id":"https://openalex.org/W2044286309","doi":"https://doi.org/10.1108/15265940810875603","title":"Wald's maximin model: a treasure in disguise!","display_name":"Wald's maximin model: a treasure in disguise!","publication_year":2008,"publication_date":"2008-05-23","ids":{"openalex":"https://openalex.org/W2044286309","doi":"https://doi.org/10.1108/15265940810875603","mag":"2044286309"},"language":"en","primary_location":{"id":"doi:10.1108/15265940810875603","doi":"https://doi.org/10.1108/15265940810875603","is_oa":false,"landing_page_url":"https://doi.org/10.1108/15265940810875603","pdf_url":null,"source":{"id":"https://openalex.org/S61561007","display_name":"The Journal of Risk Finance","issn_l":"1526-5943","issn":["1526-5943","2331-2947"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-20","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Journal of Risk Finance","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5045395418","display_name":"Moshe Sniedovich","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I165779595","display_name":"The University of Melbourne","ror":"https://ror.org/01ej9dk98","country_code":"AU","type":"education","lineage":["https://openalex.org/I165779595"]}],"countries":["AU"],"is_corresponding":true,"raw_author_name":"Moshe Sniedovich","raw_affiliation_strings":["Department of Mathematics and Statistics, The University of Melbourne, Melbourne, Australia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Mathematics and Statistics, The University of Melbourne, Melbourne, Australia","institution_ids":["https://openalex.org/I165779595"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5045395418"],"corresponding_institution_ids":["https://openalex.org/I165779595"],"apc_list":null,"apc_paid":null,"fwci":2.5568,"has_fulltext":false,"cited_by_count":31,"citation_normalized_percentile":{"value":0.89193166,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"9","issue":"3","first_page":"287","last_page":"291"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11413","display_name":"Risk and Portfolio Optimization","score":0.8598999977111816,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11413","display_name":"Risk and Portfolio Optimization","score":0.8598999977111816,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.07559999823570251,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.023099999874830246,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/robust-decision-making","display_name":"robust decision making","score":0.5189999938011169}],"concepts":[{"id":"https://openalex.org/C149728462","wikidata":"https://www.wikidata.org/wiki/Q751319","display_name":"Minimax","level":2,"score":0.8280377984046936},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.519381582736969},{"id":"https://openalex.org/C2776084483","wikidata":"https://www.wikidata.org/wiki/Q272937","display_name":"Treasure","level":2,"score":0.4904777705669403},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.45791617035865784},{"id":"https://openalex.org/C2776950860","wikidata":"https://www.wikidata.org/wiki/Q2914681","display_name":"Originality","level":3,"score":0.41376790404319763},{"id":"https://openalex.org/C539667460","wikidata":"https://www.wikidata.org/wiki/Q2414942","display_name":"Management science","level":1,"score":0.3875938951969147},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.28165578842163086},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2272639274597168},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.07465994358062744},{"id":"https://openalex.org/C27206212","wikidata":"https://www.wikidata.org/wiki/Q34178","display_name":"Theology","level":1,"score":0.0},{"id":"https://openalex.org/C11012388","wikidata":"https://www.wikidata.org/wiki/Q170658","display_name":"Creativity","level":2,"score":0.0},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1108/15265940810875603","doi":"https://doi.org/10.1108/15265940810875603","is_oa":false,"landing_page_url":"https://doi.org/10.1108/15265940810875603","pdf_url":null,"source":{"id":"https://openalex.org/S61561007","display_name":"The Journal of Risk Finance","issn_l":"1526-5943","issn":["1526-5943","2331-2947"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-20","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Journal of Risk Finance","raw_type":"journal-article"},{"id":"pmh:oai:jupiter.its.unimelb.edu.au:11343/29534","doi":null,"is_oa":false,"landing_page_url":"https://hdl.handle.net/11343/29534","pdf_url":null,"source":{"id":"https://openalex.org/S4377196259","display_name":"Minerva Access (University of Melbourne)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I165779595","host_organization_name":"The University of Melbourne","host_organization_lineage":["https://openalex.org/I165779595"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Journal Article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":11,"referenced_works":["https://openalex.org/W1558044758","https://openalex.org/W1963888335","https://openalex.org/W2010479939","https://openalex.org/W2046495522","https://openalex.org/W2058209938","https://openalex.org/W2058946021","https://openalex.org/W2119057507","https://openalex.org/W2144846366","https://openalex.org/W2319356411","https://openalex.org/W3109386609","https://openalex.org/W4253347690"],"related_works":["https://openalex.org/W1558044758","https://openalex.org/W2233789850","https://openalex.org/W2009769321","https://openalex.org/W2188409645","https://openalex.org/W7101053400","https://openalex.org/W2482422311","https://openalex.org/W2072000436","https://openalex.org/W4245301552","https://openalex.org/W94744999","https://openalex.org/W2036410360"],"abstract_inverted_index":{"Purpose":[0],"The":[1,69,87,107],"purpose":[2],"of":[3,12,62,82,90,112,116,123,135,139],"this":[4,72],"paper":[5,70,108,129],"is":[6,36,44,54],"to":[7,56,66],"illustrate":[8],"the":[9,17,47,52,59,79,91,110,114,121,136],"expressive":[10],"power":[11],"Wald's":[13,83,124,140],"maximin":[14,84,92,125,141],"model":[15],"and":[16,49],"mathematical":[18,60,80,102,117],"modeling":[19,61,81,96,103,118,137],"effort":[20],"requisite":[21],"in":[22,25,46,74,120],"its":[23],"application":[24,122],"decision":[26,63],"under":[27,33],"severe":[28,34,67],"uncertainty.":[29,68],"Design/methodology/approach":[30],"Decision":[31],"making":[32],"uncertainty":[35],"art":[37,115],"as":[38,40],"well":[39],"science.":[41],"This":[42,128],"fact":[43],"manifested":[45],"insight":[48],"ingenuity":[50],"that":[51,95],"modeller/analyst":[53],"required":[55],"inject":[57],"into":[58],"problems":[64],"subject":[65],"elucidates":[71],"point":[73],"a":[75,100],"brief":[76],"discussion":[77],"on":[78,133],"paradigm.":[85,142],"Findings":[86],"apparent":[88],"simplicity":[89],"paradigm":[93],"implies":[94],"it":[97],"successfully":[98],"requires":[99],"considerable":[101],"effort.":[104],"Practical":[105],"implications":[106],"illustrates":[109],"importance":[111],"mastering":[113],"especially":[119],"model.":[126],"Originality/value":[127],"sheds":[130],"new":[131],"light":[132],"some":[134],"aspects":[138]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":3},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":4}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}