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Related papers: Expected Utility Networks

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Expected utility theory (EUT) is widely used in economic theory. However, its subjective probability formulation, first elaborated by Savage, is linked to Ellsberg-like paradoxes and ambiguity aversion. This has led various scholars to work…

Economics · Quantitative Finance 2019-02-12 Diederik Aerts , Emmanuel Haven , Sandro Sozzo

We consider an agent interacting with an unknown environment. The environment is a function which maps natural numbers to natural numbers; the agent's set of hypotheses about the environment contains all such functions which are computable…

Artificial Intelligence · Computer Science 2007-12-31 Peter de Blanc

Bayesian networks are basic graphical models, used widely both in statistics and artificial intelligence. These statistical models of conditional independence structure are described by acyclic directed graphs whose nodes correspond to…

Optimization and Control · Mathematics 2010-12-01 Raymond Hemmecke , Silvia Lindner , Milan Studený

We propose a novel machine learning approach for probabilistic forecasting of hourly day-ahead electricity prices. In contrast with the recent advances in data-rich probabilistic forecasting, which approximates distributions with few…

General Economics · Economics 2025-07-04 Jozef Barunik , Lubos Hanus

We propose Graph Generating Dependencies (GGDs), a new class of dependencies for property graphs. Extending the expressivity of state of the art constraint languages, GGDs can express both tuple- and equality-generating dependencies on…

Databases · Computer Science 2020-06-16 Larissa C. Shimomura , George Fletcher , Nikolay Yakovets

We present a novel approach to probabilistic electricity price forecasting which utilizes distributional neural networks. The model structure is based on a deep neural network that contains a so-called probability layer. The network's…

Statistical Finance · Quantitative Finance 2023-09-29 Grzegorz Marcjasz , Michał Narajewski , Rafał Weron , Florian Ziel

In wireless communications, transforming network into graphs and processing them using deep learning models, such as Graph Neural Networks (GNNs), is one of the mainstream network optimization approaches. While effective, the generative AI…

Networking and Internet Architecture · Computer Science 2024-05-09 Jiacheng Wang , Yinqiu Liu , Hongyang Du , Dusit Niyato , Jiawen Kang , Haibo Zhou , Dong In Kim

Probabilistic Graphical Models are often used to understand dynamics of a system. They can model relationships between features (nodes) and the underlying distribution. Theoretically these models can represent very complex dependency…

Machine Learning · Computer Science 2023-08-21 Harsh Shrivastava , Urszula Chajewska

Networked dynamical systems are common throughout science in engineering; e.g., biological networks, reaction networks, power systems, and the like. For many such systems, nonlinearity drives populations of identical (or near-identical)…

Dynamical Systems · Mathematics 2023-02-10 James Koch , Zhao Chen , Aaron Tuor , Jan Drgona , Draguna Vrabie

This paper presents a novel application of graph neural networks for modeling and estimating network heterogeneity. Network heterogeneity is characterized by variations in unit's decisions or outcomes that depend not only on its own…

Econometrics · Economics 2024-01-30 Yike Wang , Chris Gu , Taisuke Otsu

We extend well-known comparative results under expected utility to models of non-expected utility by providing novel conditions on local utility functions. We illustrate how our results parallel, and are distinct from, existing results for…

Theoretical Economics · Economics 2026-01-16 Collin Raymond , Yangwei Song

We introduce the Graph Mixture Density Networks, a new family of machine learning models that can fit multimodal output distributions conditioned on graphs of arbitrary topology. By combining ideas from mixture models and graph…

Machine Learning · Computer Science 2021-06-28 Federico Errica , Davide Bacciu , Alessio Micheli

With increased 5G deployments, network densification is higher than ever to support the exponentially high throughput requirements. However, this has meant a significant increase in energy consumption, leading to higher operational…

Information Theory · Computer Science 2025-05-23 Javad Mirzaei , Jeebak Mitra , Gwenael Poitau

In this paper, we introduce a conceptual framework that model human social networks as an undirected dot-product graph of independent individuals. Their relationships are only determined by a cost-benefit analysis, i.e. by maximizing an…

Probability · Mathematics 2024-11-26 Aldric Labarthe , Yann Kerzreho

Standard decision theory seeks conditions under which a preference relation can be compressed into a single real-valued function. However, when preferences are incomplete or intransitive, a single function fails to capture the agent's…

Theoretical Economics · Economics 2026-02-05 Safal Raman Aryal

Advances in cognitive radio networks have primarily focused on the design of spectrally agile radios and novel spectrum sharing techniques that are founded on Expected Utility Theory (EUT). In this paper, we consider the development of…

Computer Science and Game Theory · Computer Science 2016-11-15 Yingxiang Yang , Leonard T. Park , Narayan B. Mandayam , Ivan Seskar , Arnold Glass , Neha Sinha

This paper introduces a framework for capturing stochasticity of choice probabilities in neural networks, derived from and fully consistent with the Random Utility Maximization (RUM) theory, referred to as RUM-NN. Neural network models show…

Econometrics · Economics 2025-01-10 Niousha Bagheri , Milad Ghasri , Michael Barlow

We provide a classification of graphical models according to their representation as subfamilies of exponential families. Undirected graphical models with no hidden variables are linear exponential families (LEFs), directed acyclic…

Machine Learning · Computer Science 2013-02-01 Dan Geiger , Christopher Meek

Neural networks are powerful tools for cognitive modeling due to their flexibility and emergent properties. However, interpreting their learned representations remains challenging due to their sub-symbolic semantics. In this work, we…

Machine Learning · Computer Science 2026-04-07 Andrew Nam , Declan Campbell , Thomas Griffiths , Jonathan Cohen , Sarah-Jane Leslie

Shafer's theory of belief and the Bayesian theory of probability are two alternative and mutually inconsistent approaches toward modelling uncertainty in artificial intelligence. To help reduce the conflict between these two approaches,…

Artificial Intelligence · Computer Science 2013-03-08 Robert F. Bordley