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Bayesian implementation concerns decision making problems when agents have incomplete information. This paper proposes that the traditional sufficient conditions for Bayesian implementation shall be amended by virtue of a quantum Bayesian…

Data Analysis, Statistics and Probability · Physics 2018-09-24 Haoyang Wu

We study system design problems stated as parameterized stochastic programs with a chance-constraint set. We adopt a Bayesian approach that requires the computation of a posterior predictive integral which is usually intractable. In…

Machine Learning · Statistics 2020-01-07 Prateek Jaiswal , Harsha Honnappa , Vinayak A. Rao

This expository paper discusses Bayesian decision analysis perspectives on problems of constrained forecasting. Foundational and pedagogic discussion contrasts decision analytic approaches with the traditional, but typically inappropriate,…

Methodology · Statistics 2021-12-01 Mike West

It is well known that a Bayesian probability forecast for all future observations should be a probability measure in order to satisfy a natural condition of coherence. The main topics of this paper are the evolution of the Bayesian…

Methodology · Statistics 2024-04-02 Vladimir Vovk

We provide Dutch-book arguments against misspecified Bayesian learning. An agent progressively learns about a state and is offered a bet after every discovery. We say the agent is deterministically Dutch-booked when they would accept all…

Theoretical Economics · Economics 2026-02-05 Emiliano Catonini , Giacomo Lanzani

Equivariant models leverage prior knowledge on symmetries to improve predictive performance, but misspecified architectural constraints can harm it instead. While work has explored learning or relaxing constraints, selecting among…

Machine Learning · Computer Science 2025-07-16 Putri A. van der Linden , Alexander Timans , Dharmesh Tailor , Erik J. Bekkers

After experimenting with a number of non-probabilistic methods for dealing with uncertainty many researchers reaffirm a preference for probability methods [1] [2], although this remains controversial. The importance of being able to form…

Artificial Intelligence · Computer Science 2013-04-11 Thomas Slack

In the context of the Sleeping Beauty problem, it has been argued that so-called "halfers" can avoid Dutch book arguments by adopting evidential decision theory. I introduce a Dutch book for a variant of the Sleeping Beauty problem and…

Other Statistics · Statistics 2017-05-11 Vincent Conitzer

Quasi-Bayesian theory uses convex sets of probability distributions and expected loss to represent preferences about plans. The theory focuses on decision robustness, i.e., the extent to which plans are affected by deviations in subjective…

Artificial Intelligence · Computer Science 2016-11-04 Fabio Gagliardi Cozman , Eric Krotkov

The subjective Bayesian interpretation of probability asserts that the rules of the probability calculus follow from the normative principle of Dutch-book coherence: A decision-making agent should not assign probabilities such that a series…

Quantum Physics · Physics 2022-08-02 John B. DeBrota , Christopher A. Fuchs , Jacques L. Pienaar , Blake C. Stacey

This paper studies a fundamental mechanism of how to detect a conflict between arguments given sentiments regarding acceptability of the arguments. We introduce a concept of the inverse problem of the abstract argumentation to tackle the…

Artificial Intelligence · Computer Science 2021-01-28 Hiroyuki Kido , Beishui Liao

Recently, there has been some discussion of how Dutch Book arguments might be used to demonstrate the rational incoherence of certain hidden variable models of quantum theory (Feintzeig and Fletcher 2017). In this paper, we argue that the…

Quantum Physics · Physics 2018-09-12 Jeremy Steeger , Nicholas Teh

The determination of Parton Distribution Functions from a finite set of data is a typical example of an inverse problem. Inverse problems are notoriously difficult to solve, in particular when a robust determination of the uncertainty in…

High Energy Physics - Lattice · Physics 2023-03-01 Alessandro Candido , Luigi Del Debbio , Tommaso Giani , Giacomo Petrillo

The classical approach to inverse problems is based on the optimization of a misfit function. Despite its computational appeal, such an approach suffers from many shortcomings, e.g., non-uniqueness of solutions, modeling prior knowledge,…

Machine Learning · Statistics 2014-10-22 Panagiotis Tsilifis , Ilias Bilionis , Ioannis Katsounaros , Nicholas Zabaras

We consider the Bayesian approach to linear inverse problems when the underlying operator depends on an unknown parameter. Allowing for finite dimensional as well as infinite dimensional parameters, the theory covers several models with…

Statistics Theory · Mathematics 2018-09-05 Mathias Trabs

The choice of priors may become an insoluble problem if priors and Bayes' rule are not seen and accepted in the framework of subjectivism. Therefore, the meaning and the role of subjectivity in science is considered and defended from the…

Data Analysis, Statistics and Probability · Physics 2007-05-23 G. D'Agostini

This paper proposes a careful separation between an entity's epistemic system and their decision system. Crucially, Bayesian counterfactuals are estimated by the epistemic system; not by the decision system. Based on this remark, I prove…

Theoretical Economics · Economics 2020-08-11 Lê Nguyên Hoang

This paper deals with the representation and solution of asymmetric Bayesian decision problems. We present a formal framework, termed asymmetric influence diagrams, that is based on the influence diagram and allows an efficient…

Artificial Intelligence · Computer Science 2013-01-18 Thomas D. Nielsen , Finn Verner Jensen

Bayesian optimisation has proven to be a powerful tool for expensive global black-box optimisation problems. In this paper, we propose new Bayesian optimisation variants of the popular Knowledge Gradient acquisition functions for problems…

Machine Learning · Computer Science 2025-12-22 Xietao Wang Lin , Juan Ungredda , Max Butler , James Town , Alma Rahat , Hemant Singh , Juergen Branke

In a Bayesian setting, inverse problems and uncertainty quantification (UQ) --- the propagation of uncertainty through a computational (forward) model --- are strongly connected. In the form of conditional expectation the Bayesian update…

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