A new method for tackling asymmetric decision problems

DOI10.48550/ARXIV.1510.00186zbMATH Open1429.62047arXiv1510.00186OpenAlexW2224850245WikidataQ57949460 ScholiaQ57949460MaRDI QIDQ110206FDOQ110206

Authors: Peter A. Thwaites, Jim Q. Smith, Peter A. Thwaites, Jim Q. Smith 

Publication date: 1 October 2015

Published in: International Journal of Approximate Reasoning (Search for Journal in Brave)

Abstract: Chain Event Graphs are probabilistic graphical models designed especially for the analysis of discrete statistical problems which do not admit a natural product space structure. We show here how they can be used for decision analysis, and describe an optimal decision strategy based on an efficient local computation message passing scheme. We briefly describe a method for producing a parsimonious decision CEG, analogous to the parsimonious ID, and touch upon the CEG-analogues of Shachter's barren node deletion and arc reversal for ID-based solution.

Full work available at URL: https://arxiv.org/abs/1510.00186

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zbMATH Keywords

asymmetric decision problemchain event graphinfluence diagramsequential decision diagrams

Mathematics Subject Classification ID

Decision theory (91B06) Bayesian problems; characterization of Bayes procedures (62C10) Reasoning under uncertainty in the context of artificial intelligence (68T37) Compound decision problems in statistical decision theory (62C25)

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• Sequential influence diagrams: a unified asymmetry framework
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