▁ ▁Far ▁from ▁being ▁restrict ive , ▁the ▁generic ▁Max imin / Min imin ▁models ' ▁lean ▁structure ▁is ▁a ▁bless ing ▁in ▁dis gu ise . ▁The ▁main ▁point ▁here ▁is ▁that ▁the ▁abstract ▁character ▁of ▁the ▁three ▁basic ▁construct s ▁of ▁the ▁generic ▁models ▁ ▁Dec ision ▁ ▁State ▁ ▁Out come ▁ ▁in ▁effect ▁allows ▁for ▁great ▁flex ibility ▁in ▁model ing . ▁ ▁A ▁more ▁detailed ▁analysis ▁is ▁therefore ▁required ▁to ▁bring ▁out ▁the ▁full ▁force ▁of ▁the ▁relationship ▁between ▁info - g ap ▁and ▁generic ▁classical ▁decision ▁the or etic ▁models . ▁See ▁# Not es ▁on ▁the ▁art ▁of ▁math ▁model ing . ▁ ▁Tre asure ▁h unt ▁ ▁The ▁following ▁is ▁a ▁p ict orial ▁summary ▁of ▁Sn ied ov ich ' s ▁( 2 0 0 7 ) ▁discussion ▁on ▁local ▁vs ▁global ▁robust ness . ▁For ▁illustr ative ▁purposes ▁it ▁is ▁cast ▁here ▁as ▁a ▁Tre asure ▁H unt . ▁It ▁shows ▁how ▁the ▁elements ▁of ▁info - g ap ' s ▁robust ness ▁model ▁relate ▁to ▁one ▁another ▁and ▁how ▁the ▁severe ▁uncertainty ▁is ▁treated ▁in ▁the ▁model . ▁ ▁In ▁summary : ▁ ▁Info - g ap ' s ▁robust ness ▁model ▁is ▁a ▁mathematical ▁representation ▁of ▁ ▁a ▁local ▁worst - case ▁analysis ▁in ▁the ▁neighborhood ▁of ▁a ▁given ▁estimate ▁of ▁the ▁true ▁value ▁of ▁the ▁parameter ▁of ▁interest . ▁Under ▁severe ▁uncertainty ▁the ▁estimate ▁is ▁assumed ▁to ▁be ▁a ▁poor ▁indic ation ▁of ▁the ▁true ▁value ▁of ▁the ▁parameter ▁and