KSL-91-15 + redirect page
An Approximate Nonmyopic Computation for Value of Information + Has identifier
An Approximate Nonmyopic Computation for Value of Information + Ksl tr id
An Approximate Nonmyopic Computation for Value of Information + Number
| An Approximate Nonmyopic Computation for Value of Information |
Bibtype
techreport
Has publishing details
1991
Has title
An Approximate Nonmyopic Computation for Value of Information
Has where published
KSL-91-15
Has year
1991
Title
An Approximate Nonmyopic Computation for Value of Information
Year
1991
Abstract
Value-of-information analyses provide a st … Value-of-information analyses provide a straightforward means for selecting the best next observation to make, and for determining whether it is better to gather additional information or to act immediately. Determining the next best test to perform, given a state of uncertainty about the world, requires a consideration of the value of making all possible sequences of observations. In practice, decision analysts and expert-system designers have avoided the intractability of exact computation of the value of information by relying on a myopic approximation. Myopic analyses are based on the assumption that only one additional test will be performed, even when there is an opportunity to make a large number of observations. We present a nonmyopic approximation for value of information that bypasses the traditional myopic analyses by exploiting the statistical properties of large samples. e statistical properties of large samples.
Address
University of California, Los Angeles +
Author
David Heckerman and Eric Horvitz and Blackford Middleton +
Has author
David Heckerman and Eric Horvitz and Blackford Middleton +
Has identifier
An Approximate Nonmyopic Computation for Value of Information +
Institution
Knowledge Systems, AI Laboratory +
Ksl tr id
An Approximate Nonmyopic Computation for Value of Information +
Number
An Approximate Nonmyopic Computation for Value of Information +
Process note
YES +
Categories KSL Technical Report +, Publication +, Technical Report +
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