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Computing value of information (VOI) is a crucial task in various aspects of decision-making under uncertainty, such as in meta-reasoning for search; in selecting measurements to make, prior to choosing a course of action; and in managing…

人工智能 · 计算机科学 2015-03-13 David Tolpin , Solomon Eyal Shimony

Machine Learning (ML) can substantially improve the efficiency and effectiveness of organizations and is widely used for different purposes within Software Engineering. However, the selection and implementation of ML techniques rely almost…

软件工程 · 计算机科学 2021-09-30 Gouri Deshpande , Guenther Ruhe , Chad Saunders

This vision paper demonstrates that it is crucial to consider Return-on-Investment (ROI) when performing Data Analytics. Decisions on "How much analytics is needed"? are hard to answer. ROI could guide for decision support on the What?,…

机器学习 · 计算机科学 2020-09-15 Gouri Deshpande , Guenther Ruhe

The cost of adopting new technology is rarely analyzed and discussed, while it is vital for many software companies worldwide. Thus, it is crucial to consider Return On Investment (ROI) when performing data analytics. Decisions on "How much…

软件工程 · 计算机科学 2024-07-31 Noopur Zambare , Jacob Idoko , Jagrit Acharya , Gouri Ginde

We introduce a novel theoretical framework for Return On Investment (ROI) maximization in repeated decision-making. Our setting is motivated by the use case of companies that regularly receive proposals for technological innovations and…

机器学习 · 计算机科学 2021-12-24 Nicolò Cesa-Bianchi , Tommaso Cesari , Yishay Mansour , Vianney Perchet

The field of portfolio selection is an active research topic, which combines elements and methodologies from various fields, such as optimization, decision analysis, risk management, data science, forecasting, etc. The modeling and…

投资组合管理 · 定量金融 2020-10-28 A. Georgantas

Organizations investing in artificial intelligence face a fundamental challenge: traditional return on investment calculations fail to capture the dual nature of AI implementations, which simultaneously reduce certain operational risks…

计算机与社会 · 计算机科学 2025-12-01 Hernan Huwyler

In ecological and environmental contexts, management actions must sometimes be chosen urgently. Value of information (VoI) analysis provides a quantitative toolkit for projecting the improved management outcomes expected after making…

Observability, in cloud native systems, is the capability to continuously generate and discover actionable insights, based on signals from the system under observation. How do you know what insights are the most useful ones? What signals…

软件工程 · 计算机科学 2023-03-24 Michael Hausenblas

The valuation of Cyber Threat Intelligence (CTI) remains a persistent challenge due to the problem of negative evidence: successful threat prevention results in non-events that generate minimal observable financial impact, making CTI…

密码学与安全 · 计算机科学 2025-07-24 Matteo Strada

In predictive modeling with simulation or machine learning, it is critical to accurately assess the quality of estimated values through output analysis. In recent decades output analysis has become enriched with methods that quantify the…

统计方法学 · 统计学 2023-10-27 Kimia Vahdat , Sara Shashaani

Neural information retrieval (IR) systems have progressed rapidly in recent years, in large part due to the release of publicly available benchmarking tasks. Unfortunately, some dimensions of this progress are illusory: the majority of the…

The expected value of information (EVI) is the most powerful measure of sensitivity to uncertainty in a decision model: it measures the potential of information to improve the decision, and hence measures the expected value of outcome.…

人工智能 · 计算机科学 2013-02-28 Tom Chavez , Max Henrion

The rapid entry of machine learning approaches in our daily activities and high-stakes domains demands transparency and scrutiny of their fairness and reliability. To help gauge machine learning models' robustness, research typically…

机器学习 · 计算机科学 2023-09-28 Oana Inel , Tim Draws , Lora Aroyo

This paper develops computable metrics to assign priorities for information collection on network systems made up by binary components. Components are worth inspecting because their condition state is uncertain and the system functioning…

最优化与控制 · 数学 2021-06-10 Chaochao Lin , Junho Song , Matteo Pozzi

Performance evaluations are critical for quantifying algorithmic advances in reinforcement learning. Recent reproducibility analyses have shown that reported performance results are often inconsistent and difficult to replicate. In this…

机器学习 · 计算机科学 2020-08-14 Scott M. Jordan , Yash Chandak , Daniel Cohen , Mengxue Zhang , Philip S. Thomas

A key trait of stochastic optimizers is that multiple runs of the same optimizer in attempting to solve the same problem can produce different results. As a result, their performance is evaluated over several repeats, or runs, on the…

机器学习 · 计算机科学 2026-05-18 Moslem Noori , Elisabetta Valiante , Thomas Van Vaerenbergh , Masoud Mohseni , Ignacio Rozada

AI advice is becoming increasingly popular, e.g., in investment and medical treatment decisions. As this advice is typically imperfect, decision-makers have to exert discretion as to whether actually follow that advice: they have to…

人工智能 · 计算机科学 2023-04-14 Max Schemmer , Niklas Kühl , Carina Benz , Andrea Bartos , Gerhard Satzger

Information coefficient (IC) is a widely used metric for measuring investment managers' skills in selecting stocks. However, its adequacy and effectiveness for evaluating stock selection models has not been clearly understood, as IC from a…

计算金融 · 定量金融 2020-10-20 Feng Zhang , Ruite Guo , Honggao Cao

In perfusion analysis automated approaches for image processing is preferable due to reduce time-consuming tasks for radiologists. Assessment of perfusion results quality is important step in development of algorithms for automated…

医学物理 · 物理学 2019-02-07 Svitlana Alkhimova
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