Title :
Epistemic utility estimation with valuational convexity
Author :
Kafedziski, Venceslav ; Morrell, Darryl
Author_Institution :
Dept. of Electr. Eng., Arizona State Univ., Tempe, AZ, USA
fDate :
1/1/1995 12:00:00 AM
Abstract :
We address the problem of parameter estimation using Levi´s (1980) epistemological framework of rational decision making; the resulting estimators accurately reflect the decision agent´s knowledge, willingness to risk error, and values. In this paper, previous results are extended to include valuational convexity, yielding estimators that address conflicted values
Keywords :
decision theory; parameter estimation; conflicting values; epistemic utility estimation; epistemological framework; parameter estimation; rational decision making; valuational convexity; Automation; Bayesian methods; Decision making; Decision theory; Estimation theory; Humans; Parameter estimation; Probability distribution; State estimation; Yield estimation;
Journal_Title :
Systems, Man and Cybernetics, IEEE Transactions on