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Bayesian methods are useful for statistical inference. However, real-world problems can be challenging using Bayesian methods when the data analyst has only limited prior knowledge. In this paper we consider a class of problems, called…

Methodology · Statistics 2019-11-20 Yixuan Qiu , Lingsong Zhang , Chuanhai Liu

The rapid development of artificial intelligence methods contributes to their wide applications for forecasting various financial risks in recent years. This study introduces a novel explainable case-based reasoning (CBR) approach without a…

Computational Finance · Quantitative Finance 2021-07-20 Wei Li , Florentina Paraschiv , Georgios Sermpinis

Higher-level cognition depends on the ability to learn models of the world. We can characterize this at the computational level as a structure-learning problem with the goal of best identifying the prevailing causal relationships among a…

Machine Learning · Computer Science 2017-05-29 Neil R. Bramley , Peter Dayan , Thomas L. Griffiths , David A. Lagnado

Two different approaches to dealing with probabilistic knowledge are examined -models and inductive inference. Examples of the first are: influence diagrams [1], Bayesian networks [2], log-linear models [3, 4]. Examples of the second are:…

Artificial Intelligence · Computer Science 2013-04-12 Norman C. Dalkey

We propose a new method for conducting Bayesian prediction that delivers accurate predictions without correctly specifying the unknown true data generating process. A prior is defined over a class of plausible predictive models. After…

Methodology · Statistics 2020-08-24 Ruben Loaiza-Maya , Gael M. Martin , David T. Frazier

A case-based reasoning (CBR) system solves a new problem by retrieving `cases' that are similar to the given problem. If such a system can achieve high accuracy, it is appealing owing to its simplicity, interpretability, and scalability. In…

Computation and Language · Computer Science 2020-10-12 Rajarshi Das , Ameya Godbole , Nicholas Monath , Manzil Zaheer , Andrew McCallum

This chapter provides a overview of Bayesian inference, mostly emphasising that it is a universal method for summarising uncertainty and making estimates and predictions using probability statements conditional on observed data and an…

Methodology · Statistics 2010-02-11 Christian P. Robert , Jean-Michel Marin , Judith Rousseau

We propose an abductive diagnosis theory that integrates probabilistic, causal and taxonomic knowledge. Probabilistic knowledge allows us to select the most likely explanation; causal knowledge allows us to make reasonable independence…

Artificial Intelligence · Computer Science 2013-04-05 Dekang Lin , Randy Goebel

Bayesian Belief Networks have been largely overlooked by Expert Systems practitioners on the grounds that they do not correspond to the human inference mechanism. In this paper, we introduce an explanation mechanism designed to generate…

Artificial Intelligence · Computer Science 2013-04-08 Peter Sember , Ingrid Zukerman

Evidence in probabilistic reasoning may be 'hard' or 'soft', that is, it may be of yes/no form, or it may involve a strength of belief, in the unit interval [0, 1]. Reasoning with soft, [0, 1]-valued evidence is important in many situations…

Artificial Intelligence · Computer Science 2019-07-02 Bart Jacobs

Modern deterministic retrieval pipelines prioritize achieving state-of-the-art performance but often lack interpretability in decision-making. These models face challenges in assessing uncertainty, leading to overconfident predictions. To…

Information Retrieval · Computer Science 2024-02-06 EuiYul Song , Philhoon Oh , Sangryul Kim , James Thorne

A significant theoretical advantage of search-and-score methods for learning Bayesian Networks is that they can accept informative prior beliefs for each possible network, thus complementing the data. In this paper, a method is presented…

Artificial Intelligence · Computer Science 2014-08-12 Giorgos Borboudakis , Ioannis Tsamardinos

A significant theoretical advantage of search-and-score methods for learning Bayesian Networks is that they can accept informative prior beliefs for each possible network, thus complementing the data. In this paper, a method is presented…

Artificial Intelligence · Computer Science 2013-08-01 Giorgos Borboudakis , Ioannis Tsamardinos

This is a preliminary version of visual interpretation integrating multiple sensors in SUCCESSOR, an intelligent, model-based vision system. We pursue a thorough integration of hierarchical Bayesian inference with comprehensive physical…

Artificial Intelligence · Computer Science 2013-04-11 Thomas O. Binford , Tod S. Levitt , Wallace B. Mann

An inferential model (IM) is a model describing the construction of provably reliable, data-driven uncertainty quantification and inference about relevant unknowns. IMs and Fisher's fiducial argument have similar objectives, but a…

Statistics Theory · Mathematics 2026-05-06 Ryan Martin

This paper examines the accuracy of the PROSPECTOR model for uncertain reasoning. PROSPECTOR's solutions for a large number of computer-generated inference networks were compared to those obtained from probability theory and minimum…

Artificial Intelligence · Computer Science 2013-04-12 Robert M. Yadrick , Bruce M. Perrin , David S. Vaughan , Peter D. Holden , Karl G. Kempf

A stream of algorithmic advances has steadily increased the popularity of the Bayesian approach as an inference paradigm, both from the theoretical and applied perspective. Even with apparent successes in numerous application fields, a…

Methodology · Statistics 2020-07-10 Owen Thomas , Henri Pesonen , Jukka Corander

We describe a representation and a set of inference methods that combine logic programming techniques with probabilistic network representations for uncertainty (influence diagrams). The techniques emphasize the dynamic construction and…

Artificial Intelligence · Computer Science 2013-04-11 John S. Breese , Edison Tse

Bayesian models provide recursive inference naturally because they can formally reconcile new data and existing scientific information. However, popular use of Bayesian methods often avoids priors that are based on exact posterior…

Methodology · Statistics 2019-04-29 Mevin B. Hooten , Devin S. Johnson , Brian M. Brost

Structural causal models are the basic modelling unit in Pearl's causal theory; in principle they allow us to solve counterfactuals, which are at the top rung of the ladder of causation. But they often contain latent variables that limit…

Artificial Intelligence · Computer Science 2021-11-23 Marco Zaffalon , Alessandro Antonucci , Rafael Cabañas