'Utility values' presentation slideshows

Artificial Intelligence

610 views • 51 slides

Game Playing

Game Playing. Perfect decisions Heuristically based decisions Pruning search trees Games involving chance. What is a game?. Search problem with Initial state: board position and whose turn it is Successor function: What are possible moves from here? Terminal test: Is the game over?

590 views • 48 slides

Markov Decision Processes

Markov Decision Processes. Tai Sing Lee 15-381/681 AI Lecture 14 Read Chapter 17.1-3 of Russell & Norvig. With thanks to Dan Klein, Pieter Abbeel (Berkeley ), and Past 15-381 Instructors for slide contents, particularly Ariel Procaccia , Emma Brunskill and Gianni Di Caro.

487 views • 48 slides

Reinforcement Learning

1.25k views • 36 slides

Decision Analysis - Part 2

Graduate Program in Business Information Systems. Decision Analysis - Part 2. Asl? Sencer. Ex: Decision to buy insurance. Best act. IS IT SURPRISING?. Is Bayes decision rule invalid?. No, actually the true worth of outcomes is not completely reflected by the payoffs! Two approaches:

415 views • 32 slides

Reinforcement Learning

338 views • 32 slides

Alistair McVittie & Ioanna Siameti

354 views • 22 slides

Reinforcement Learning

348 views • 17 slides

Utility Theory

Utility Theory. Option 1: bet that pays $5,000,000 if a coin flipped comes up tails you get $0 if the coin comes up heads. Option 2: get $2,000,000 with certainty Expected Marginal Value of the two options: 1. EMV of the bet = .5(5,000,000) + .5(0) = 2,500,000

212 views • 17 slides

Conjoint Analysis

Conjoint Analysis. What is Conjoint Analysis?. Answer: Family of techniques that model choice by decomposing overall preference or evaluation in terms of the relative values of the components or attributes to respondents. Applications. New product design Fine-tune marketing mix

393 views • 16 slides

Decision Making and Utility

Decision Making and Utility. Introduction The expected value criterion may not be appropriate if the decision is a one-time opportunity with substantial risks. Decision makers do not always choose decisions based on the expected value criterion.

163 views • 15 slides

Utility theory

Utility theory. U: O-> R (utility maps from outcomes to a real number) represents preferences over outcomes ~ means indifference We need a way to talk about how preferences interact with uncertainty:

775 views • 13 slides

Chapter 4

228 views • 12 slides