Multi-target decision making under conditions of severe uncertainty

DOI10.1007/978-3-031-33498-6_2MaRDI QIDQ6072449zbMATH OpenFDO

Authors Christoph Jansen, Georg Schollmeyer, Thomas Augustin

Publication date 13 October 2023

Published in Modeling Decisions for Artificial Intelligence (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/2212.06832

zbMATH Keywords

imprecise probabilitiesincomplete preferencesmulti-target decision makingpreference systemsstochastic dominance

Mathematics Subject Classification ID

Decision theory (91B06) Individual preferences (91B08)

Abstract: The quality of consequences in a decision making problem under (severe) uncertainty must often be compared among different targets (goals, objectives) simultaneously. In addition, the evaluations of a consequence's performance under the various targets often differ in their scale of measurement, classically being either purely ordinal or perfectly cardinal. In this paper, we transfer recent developments from abstract decision theory with incomplete preferential and probabilistic information to this multi-target setting and show how -- by exploiting the (potentially) partial cardinal and partial probabilistic information -- more informative orders for comparing decisions can be given than the Pareto order. We discuss some interesting properties of the proposed orders between decision options and show how they can be concretely computed by linear optimization. We conclude the paper by demonstrating our framework in an artificial (but quite real-world) example in the context of comparing algorithms under different performance measures.

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Cited in

(2)

• Comparing machine learning algorithms by union-free generic depth
• Thomas Augustin's contributions to imprecise probability and statistics

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