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Related papers: Efficient Value of Information Computation

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Lazy evaluation is a powerful tool for functional programmers. It enables the concise expression of on-demand computation and a form of compositionality not available under other evaluation strategies. However, the stateful nature of lazy…

Programming Languages · Computer Science 2021-07-05 Yao Li , Li-yao Xia , Stephanie Weirich

Recent work in cognitive science has uncovered a diversity of explanatory values, or dimensions along which we judge explanations as better or worse. We propose a Bayesian account of how these values fit together to guide explanation. The…

Neurons and Cognition · Quantitative Biology 2020-10-29 Zachary Wojtowicz , Simon DeDeo

Fairness and interpretability play an important role in the adoption of decision-making algorithms across many application domains. These requirements are intended to avoid undesirable group differences and to alleviate concerns related to…

Econometrics · Economics 2025-09-16 Nora Bearth , Michael Lechner , Jana Mareckova , Fabian Muny

In this paper have written the results of the information analysis of structures. The obtained information estimation (IE) are based on an entropy measure of C. Shannon. Obtained IE is univalent both for the non-isomorphic and for the…

Information Theory · Computer Science 2007-07-16 Alexander Shaydurov

We formulate one methodology to put a value or price on knowledge using well accepted techniques from finance. We provide justifications for these finance principles based on the limitations of the physical world we live in. We start with…

General Finance · Quantitative Finance 2021-02-02 Ravi Kashyap

In this paper, we present two methods to provide explanations for reasoning with belief functions in the valuation-based systems. One approach, inspired by Strat's method, is based on sensitivity analysis, but its computation is simpler…

Artificial Intelligence · Computer Science 2013-02-21 Hong Xu , Philippe Smets

A general notion of information-related complexity applicable to both natural and man-made systems is proposed. The overall approach is to explicitly consider a rational agent performing a certain task with a quantifiable degree of success.…

Data Analysis, Statistics and Probability · Physics 2013-01-18 Eugene Perevalov , David Grace

Suppose we have a Bayesian model which combines evidence from several different sources. We want to know which model parameters most affect the estimate or decision from the model, or which of the parameter uncertainties drive the decision…

Applications · Statistics 2021-11-25 Christopher Jackson , Anne Presanis , Stefano Conti , Daniela De Angelis

Convolutional neural networks (CNNs) define the current state-of-the-art for image recognition. With their emerging popularity, especially for critical applications like medical image analysis or self-driving cars, confirmability is…

Computer Vision and Pattern Recognition · Computer Science 2018-01-08 Keyang Zhou , Bernhard Kainz

People learn whenever and wherever possible, and whatever they like or encounter--Mathematics, Drama, Art, Languages, Physics, Philosophy, and so on. With the bursting of knowledge, evaluation of one's understanding of conceptual knowledge…

Databases · Computer Science 2022-01-14 Gangli Liu

In medical decision making, we have to choose among several expensive diagnostic tests such that the certainty about a patient's health is maximized while remaining within the bounds of resources like time and money. The expected increase…

Artificial Intelligence · Computer Science 2019-09-19 Sarthak Ghosh , C. R. Ramakrishnan

Accurate information processing is crucial both in technology and in nature. To achieve it, any information processing system needs an initial supply of resources away from thermal equilibrium. Here we establish a fundamental limit on the…

Quantum Physics · Physics 2022-12-14 Giulio Chiribella , Fei Meng , Renato Renner , Man-Hong Yung

As opaque black-box predictive models become more prevalent, the need to develop interpretations for these models is of great interest. The concept of variable importance and Shapley values are interpretability measures that applies to any…

Machine Learning · Statistics 2025-03-10 Zexuan Sun , Garvesh Raskutti

Building on insights of Jovanovic (1982) and subsequent authors, we develop a comprehensive theory of optimal timing of decisions based around continuation value functions and operators that act on them. Optimality results are provided…

Optimization and Control · Mathematics 2017-03-30 Qingyin Ma , John Stachurski

Data valuation seeks to answer the important question, "How much is this data worth?" Existing data valuation methods have largely focused on discriminative models, primarily examining data value through the lens of its utility in training.…

Machine Learning · Computer Science 2024-10-17 Mohamad Rida Rammal , Ruida Zhou , Suhas Diggavi

Decision trees algorithms use a gain function to select the best split during the tree's induction. This function is crucial to obtain trees with high predictive accuracy. Some gain functions can suffer from a bias when it compares splits…

Machine Learning · Statistics 2018-01-26 Antonin Leroux , Matthieu Boussard , Remi Dès

Multi-view clustering has become a significant area of research, with numerous methods proposed over the past decades to enhance clustering accuracy. However, in many real-world applications, it is crucial to demonstrate a clear…

Machine Learning · Computer Science 2025-02-07 Mudi Jiang , Lianyu Hu , Zengyou He , Zhikui Chen

Advances in information technology reduce barriers to information propagation, but at the same time they also induce the information overload problem. For the making of various decisions, mere digestion of the relevant information has…

Disordered Systems and Neural Networks · Physics 2009-11-11 Yi-Kuo Yu , Yi-Cheng Zhang , Paolo Laureti , Lionel Moret

In many real-world machine learning problems, feature values are not readily available. To make predictions, some of the missing features have to be acquired, which can incur a cost in money, computational time, or human time, depending on…

Machine Learning · Computer Science 2019-12-20 Kimmo Kärkkäinen , Mohammad Kachuee , Orpaz Goldstein , Majid Sarrafzadeh

Experts advising decision-makers are likely to display expertise which varies as a function of the problem instance. In practice, this may lead to sub-optimal or discriminatory decisions against minority cases. In this work we model such…

Artificial Intelligence · Computer Science 2023-10-27 Axel Abels , Tom Lenaerts , Vito Trianni , Ann Nowé
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