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Related papers: Blackwell-Monotone Updating Rules

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In automata networks, it is well known that the way entities update their states over time has a major impact on their dynamics. In particular, depending on the chosen update schedule, the underlying dynamical systems may exhibit more or…

Discrete Mathematics · Computer Science 2022-04-25 Jacques Demongeot , Sylvain Sené

This paper modifies Jaynes's axioms of plausible reasoning and derives the minimum relative entropy principle, Bayes's rule, as well as maximum likelihood from first principles. The new axioms, which I call the Optimum Information…

Information Theory · Computer Science 2011-03-30 Alexis Akira Toda

In the classical Bayesian persuasion model an informed player and an uninformed one engage in a static interaction. The informed player, the sender, knows the state of nature, while the uninformed one, the receiver, does not. The informed…

Theoretical Economics · Economics 2021-11-30 Ehud Lehrer , Dimitry Shaiderman

The model of a non-Bayesian agent who faces a repeated game with incomplete information against Nature is an appropriate tool for modeling general agent-environment interactions. In such a model the environment state (controlled by Nature)…

Artificial Intelligence · Computer Science 2014-11-17 D. Monderer , M. Tennenholtz

A resource-constrained system monitors a source of information by requesting a finite number of updates subject to random transmission delays. An a priori fixed update request policy is shown to minimize a polynomial penalty function of the…

Information Theory · Computer Science 2019-10-03 David Ramirez , Elza Erkip , H. Vincent Poor

We consider an approach to update nonmonotonic knowledge bases represented as extended logic programs under answer set semantics. New information is incorporated into the current knowledge base subject to a causal rejection principle…

Artificial Intelligence · Computer Science 2007-05-23 T. Eiter , M. Fink , G. Sabbatini , H. Tompits

Nonmonotonic reasoning is a pattern of reasoning that allows an agent to make and retract (tentative) conclusions from inconclusive evidence. This paper gives a possible-worlds interpretation of the nonmonotonic reasoning problem based on…

Artificial Intelligence · Computer Science 2013-04-10 Carl Kadie

We study a dynamic model of Bayesian persuasion in sequential decision-making settings. An informed principal observes an external parameter of the world and advises an uninformed agent about actions to take over time. The agent takes…

Computer Science and Game Theory · Computer Science 2022-05-25 Jiarui Gan , Rupak Majumdar , Goran Radanovic , Adish Singla

Statistical learning using imprecise probabilities is gaining more attention because it presents an alternative strategy for reducing irreplicable findings by freeing the user from the task of making up unwarranted high-resolution…

Statistics Theory · Mathematics 2017-12-27 Ruobin Gong , Xiao-Li Meng

We introduce and characterize inertial updating of beliefs. Under inertial updating, a decision maker (DM) chooses a belief that minimizes the subjective distance between their prior belief and the set of beliefs consistent with the…

Theoretical Economics · Economics 2023-03-21 Adam Dominiak , Matthew Kovach , Gerelt Tserenjigmid

The dynamics of an agreement protocol interacting with a disagreement process over a common random network is considered. The model can represent the spreading of true and false information over a communication network, the propagation of…

Social and Information Networks · Computer Science 2012-08-17 Guodong Shi , Mikael Johansson , Karl Henrik Johansson

We study the impact of learning on the optimal policy and the time-to-decision in an infinite-horizon Bayesian sequential decision model with two irreversible alternatives, exit and expansion. In our model, a firm undertakes a small-scale…

Optimization and Control · Mathematics 2019-01-15 H. Dharma Kwon , Steven A. Lippman

We study a model of consensus decision making, in which a finite group of Bayesian agents has to choose between one of two courses of action. Each member of the group has a private and independent signal at his or her disposal, giving some…

Statistics Theory · Mathematics 2018-04-24 Elchanan Mossel , Omer Tamuz

We study binary opinion dynamics in a fully connected network of interacting agents. The agents are assumed to interact according to one of the following rules: (1) Voter rule: An updating agent simply copies the opinion of another randomly…

Probability · Mathematics 2022-03-04 Arpan Mukhopadhyay , Ravi R. Mazumdar , Rahul Roy

We introduce the Blackwell discount factor for Markov Decision Processes (MDPs). Classical objectives for MDPs include discounted, average, and Blackwell optimality. Many existing approaches to computing average-optimal policies solve for…

Machine Learning · Computer Science 2024-07-04 Julien Grand-Clément , Marek Petrik

In this paper, we show a more concise and high level proof than the original one, derived by researcher Bart Jacobs, for the following theorem: in the context of Bayesian update rules for learning or updating internal states that produce…

Machine Learning · Statistics 2025-02-24 Carlos Pinzón , Catuscia Palamidessi

According to the subjective Bayesian interpretation of quantum theory (QBism), quantum mechanics is a tool that an agent would be wise to use when making bets about natural phenomena. In particular, the Born rule is understood to be a…

As multi-agent networks grow in size and scale, they become increasingly difficult to synchronize, though agents must work together even when generating and sharing different information at different times. Targeting such cases, this paper…

Optimization and Control · Mathematics 2018-09-18 Stefan Hochhaus , Matthew Hale

A Bayesian agent experiences gain-loss utility each period over changes in belief about future consumption ("news utility"), with diminishing sensitivity over the magnitude of news. Diminishing sensitivity induces a preference over news…

Theoretical Economics · Economics 2023-01-18 Jetlir Duraj , Kevin He

Bayes' theorem incorporates distinct types of information through the likelihood and prior. Direct observations of state variables enter the likelihood and modify posterior probabilities through consistent updating. Information in terms of…

Methodology · Statistics 2024-07-19 Duncan K. Foley , Ellis Scharfenaker