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Related papers: Decision-Making with Belief Functions: a Review

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When reasoning with uncertainty there are many situations where evidences are not only uncertain but their propositions may also be weakly specified in the sense that it may not be certain to which event a proposition is referring. It is…

Artificial Intelligence · Computer Science 2007-05-23 Johan Schubert

This paper discusses belief revision under uncertain inputs in the framework of possibility theory. Revision can be based on two possible definitions of the conditioning operation, one based on min operator which requires a purely ordinal…

Artificial Intelligence · Computer Science 2013-02-18 Didier Dubois , Henri Prade

We implement nonparametric revealed-preference tests of subjective expected utility theory and its generalizations. We find that a majority of subjects' choices are consistent with the maximization of some utility function. They respond to…

General Economics · Economics 2021-05-04 Federico Echenique , Taisuke Imai , Kota Saito

This paper describes the best first search strategy used by U-Plan (Mansell 1993a), a planning system that constructs quantitatively ranked plans given an incomplete description of an uncertain environment. U-Plan uses uncertain and…

Artificial Intelligence · Computer Science 2013-02-28 Todd Michael Mansell , Grahame Smith

Thomas M. Strat has developed a decision-theoretic apparatus for Dempster-Shafer theory (Decision analysis using belief functions, Intern. J. Approx. Reason. 4(5/6), 391-417, 1990). In this apparatus, expected utility intervals are…

Artificial Intelligence · Computer Science 2014-11-17 Johan Schubert

The sure thing principle and the law of total probability are basic laws in classic probability theory. A disjunction fallacy leads to the violation of these two classical probability laws. In this paper, a new quantum dynamic belief…

Artificial Intelligence · Computer Science 2017-03-08 Zichang He , Wen Jiang

We define a new notion of conditional belief, which plays the same role for Dempster-Shafer belief functions as conditional probability does for probability functions. Our definition is different from the standard definition given by…

Artificial Intelligence · Computer Science 2013-04-05 Ronald Fagin , Joseph Y. Halpern

A control strategy for expert systems is presented which is based on Shafer's Belief theory and the combination rule of Dempster. In contrast to well known strategies it is not sequentially and hypotheses-driven, but parallel and self…

Artificial Intelligence · Computer Science 2013-03-26 Kerstin Schill , Ernst Poppel , Christoph Zetzsche

This essay looks at decision-making with interval-valued probability measures. Existing decision methods have either supplemented expected utility methods with additional criteria of optimality, or have attempted to supplement the…

Artificial Intelligence · Computer Science 2013-04-15 Ronald P. Loui

This paper presents a procedure to determine a complete belief function from the known values of belief for some of the subsets of the frame of discerment. The method is based on the principle of minimum commitment and a new principle…

Artificial Intelligence · Computer Science 2013-03-08 Serafin Moral , Luis M. de Campos

An elaboration of Dempster's method of constructing belief functions suggests a broadly applicable strategy for constructing lower probabilities under a variety of evidentiary constraints.

Artificial Intelligence · Computer Science 2013-03-08 Carl G. Wagner , Bruce Tonn

This paper focuses on designing expert systems to support decision making in complex, uncertain environments. In this context, our research indicates that strictly probabilistic representations, which enable the use of decision-theoretic…

Artificial Intelligence · Computer Science 2013-04-15 Samuel Holtzman , John S. Breese

In this paper, we generalize the basic notions and results of Dempster-Shafer theory from predicates to formal concepts. Results include the representation of conceptual belief functions as inner measures of suitable probability functions,…

Artificial Intelligence · Computer Science 2021-05-19 Sabine Frittella , Krishna Manoorkar , Alessandra Palmigiano , Apostolos Tzimoulis , Nachoem M. Wijnberg

Decision theory does not traditionally include uncertainty over utility functions. We argue that the a person's utility value for a given outcome can be treated as we treat other domain attributes: as a random variable with a density…

Artificial Intelligence · Computer Science 2013-01-18 Urszula Chajewska , Daphne Koller

In this paper, an optimization problem with uncertain objective function coefficients is considered. The uncertainty is specified by providing a discrete scenario set, containing possible realizations of the objective function coefficients.…

Data Structures and Algorithms · Computer Science 2023-03-10 Marc Goerigk , Romain Guillaume , Adam Kasperski , Paweł Zieliński

The maximum entropy principle can be used to assign utility values when only partial information is available about the decision maker's preferences. In order to obtain such utility values it is necessary to establish an analogy between…

Statistical Finance · Quantitative Finance 2009-11-13 Andreia Dionisio , A. Heitor Reis

Bayesian models quantify uncertainty and facilitate optimal decision-making in downstream applications. For most models, however, practitioners are forced to use approximate inference techniques that lead to sub-optimal decisions due to…

Machine Learning · Statistics 2019-09-12 Tomasz Kuśmierczyk , Joseph Sakaya , Arto Klami

Dempster-Shafer's model aims at quantifying degrees of belief But there are so many interpretations of Dempster-Shafer's theory in the literature that it seems useful to present the various contenders in order to clarify their respective…

Artificial Intelligence · Computer Science 2013-04-05 Philippe Smets

We introduce a logical framework for reasoning about "uncertain interpretations" and investigate two key applications: a new semantics for implication capturing a kind of "meaning entailment", and a conservative notion of "evidentially…

Logic in Computer Science · Computer Science 2025-03-21 Adam Bjorndahl

It is common to encounter the situation with uncertainty for decision makers (DMs) in dealing with a complex decision making problem. The existing evidence shows that people usually fear the extreme uncertainty named as the unknown. This…

Theoretical Economics · Economics 2021-08-05 Fang Liu