Normalisatie als beslissingsprobleem*

J. Sittig

Statistica Neerlandica, 1959, vol. 13, issue 3, 389-394

Abstract: Normalisation as a decision problem. Mass production is the base of the enormous increase of prosperity in the western countries. Normalisation, which means a restriction of the number of types, quality etc. of a certain commodity, is an essential part of this development. However, normalisation has one disadvantage: no account can be taken of the wishes of the individual consumer. Consequently a loss‐function belongs to every imaginable set of types of a given commodity. The set of types must be chosen in such a way that the loss has its minimum value.

Date: 1959
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