Implementable Prescriptive Decision Making

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985556%3A_____%2F17%3A00479462" target="_blank" >RIV/67985556:_____/17:00479462 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Implementable Prescriptive Decision Making

Popis výsledku v původním jazyce

The need for inspecting (ir)rationality in decision making (DM) - the observed discrepancy between real and prescriptive DMs - stems from omnipresence of DM in individuals’ and society life. Active approaches try to diminish this discrepancy either by changing behaviour of participants (DM subjects) or modifying prescriptive theories as done in this text. It provides a core of unified merging methodology of probabilities serving for knowledge fusion and information sharing exploited in cooperative DM. Specifically, it unifies merging methodologies supporting a flat cooperation of interacting self-interested DM participants. They act without a facilitator and they are unwilling to spare a non-negligible deliberation effort on merging. They are supposed to solve their DM tasks via the fully probabilistic design (FPD) of decision strategies. This option is motivated by the fact that FPD is axiomatically justified and extends standard Bayesian DM. Merging is a supporting DM task and is also solved via FPD. The proposed merging formulation tries to be as general as possible without entering into technicalities of measure theory. The results generalise and unify earlier work and open a pathway to systematic solutions of specific, less general, problems.

Název v anglickém jazyce

Implementable Prescriptive Decision Making

Popis výsledku anglicky

The need for inspecting (ir)rationality in decision making (DM) - the observed discrepancy between real and prescriptive DMs - stems from omnipresence of DM in individuals’ and society life. Active approaches try to diminish this discrepancy either by changing behaviour of participants (DM subjects) or modifying prescriptive theories as done in this text. It provides a core of unified merging methodology of probabilities serving for knowledge fusion and information sharing exploited in cooperative DM. Specifically, it unifies merging methodologies supporting a flat cooperation of interacting self-interested DM participants. They act without a facilitator and they are unwilling to spare a non-negligible deliberation effort on merging. They are supposed to solve their DM tasks via the fully probabilistic design (FPD) of decision strategies. This option is motivated by the fact that FPD is axiomatically justified and extends standard Bayesian DM. Merging is a supporting DM task and is also solved via FPD. The proposed merging formulation tries to be as general as possible without entering into technicalities of measure theory. The results generalise and unify earlier work and open a pathway to systematic solutions of specific, less general, problems.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

10103 - Statistics and probability

Projekt

<a href="/cs/project/GA16-09848S" target="_blank" >GA16-09848S: Racionalita a uvažování</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2017

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceedings of the NIPS 2016 Workshop on Imperfect Decision Makers

ISBN

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ISSN

1938-7228

e-ISSN

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Počet stran výsledku

12

Strana od-do

19-30

Název nakladatele

JMLR

Místo vydání

Cambridge

Místo konání akce

Barcelona

Datum konání akce

9. 12. 2016

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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