Axiomatisation of fully probabilistic design
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985556%3A_____%2F12%3A00367271" target="_blank" >RIV/67985556:_____/12:00367271 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1016/j.ins.2011.09.018" target="_blank" >http://dx.doi.org/10.1016/j.ins.2011.09.018</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.ins.2011.09.018" target="_blank" >10.1016/j.ins.2011.09.018</a>
Alternative languages
Result language
angličtina
Original language name
Axiomatisation of fully probabilistic design
Original language description
This text provides background of fully probabilistic design (FPD) of decision-making strategies and shows that it is a proper extension of the standard Bayesian decision making. FPD essentially minimises Kullback?Leibler divergence of closed-loop model on its ideal counterpart. The inspection of the background is important as the current motivation for FPD is mostly heuristic one, while the technical development of FPD confirms its far reaching possibilities. FPD unifies and simplifies subtasks and elements of decision making under uncertainty. For instance, (i) both system model and decision preferences are expressed in common probabilistic language; (ii) optimisation is simplified due to existence of explicit minimiser in stochastic dynamic programming; (iii) DM methodology for single and multiple aims is unified.
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
BB - Applied statistics, operational research
OECD FORD branch
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Result continuities
Project
Result was created during the realization of more than one project. More information in the Projects tab.
Continuities
Z - Vyzkumny zamer (s odkazem do CEZ)
Others
Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Information Sciences
ISSN
0020-0255
e-ISSN
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Volume of the periodical
186
Issue of the periodical within the volume
1
Country of publishing house
US - UNITED STATES
Number of pages
9
Pages from-to
105-113
UT code for WoS article
000298460300007
EID of the result in the Scopus database
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