'Perfect information' presentation slideshows

2013/2014 Summer

1.19k views • 106 slides

Session 6b

Session 6b. Overview. Decision Analysis Uncertain Future Events Perfect Information Partial Information The Return of Rev. Thomas Bayes.

478 views • 42 slides

Chapter 8

Chapter 8. Decision Analysis. Decision Analysis. A method for determining optimal strategies when faced with several decision alternatives and an uncertain pattern of future events. The Decision Analysis Approach. Identify the decision alternatives - d i Identify possible future events - s j

475 views • 39 slides

Adversarial Search: Game Playing

Adversarial Search: Game Playing. Reading: Chapter 6.5-6.8 next time. Computers better than humans. Computers have won against human grandmasters. Humans still ahead. Computer Checkers Program is Invincible. http://www.nytimes.com/2007/07/19/science/19cnd-checkers.html. Difficulty.

490 views • 34 slides

Public Policy in Private Markets

Public Policy in Private Markets. Understanding Public Policy. Announcements. Feb. 2 i>clicker starts counting Deadline for group formation (if not opting out of it). Today. Why public policy ? Class overview What prompts public policy?. Why Public Policy?.

497 views • 32 slides

Strong AI and Weak AI

Strong AI and Weak AI. There are two entirely different schools of Artificial Intelligence: Strong AI: This is the view that a sufficiently programmed computer would actually be intelligent and would think in the same way that a human does. Weak AI:

2.66k views • 32 slides

Adversarial Search: Game Playing

Adversarial Search: Game Playing Reading: Chapter 6.5-6.8 Games and AI Easy to represent, abstract, precise rules One of the first tasks undertaken by AI (since 1950) Better than humans in Othello and checkers, defeated human champions in chess and backgammon, competitive in many other games

701 views • 30 slides

Chapter 8: Compensating Wage Differentials

Chapter 8: Compensating Wage Differentials. Compensating Wage Differentials. differences in pay designed to compensate for differences in non-wage job characteristics. Compensating wage differentials. Compensating wage differentials. Compensating wage differentials.

715 views • 28 slides

Subgames and Credible Threats (with perfect information)

Subgames and Credible Threats (with perfect information). Econ 171. Alice and Bob. Bob. Go to A. Go to B. Alice. Alice. Go to A. Go to B. Go to A. Go to B. 2 3. 0 0. 1 1. 3 2. Strategies. For Bob Go to A Go to B For Alice Go to A if Bob goes A and go to A if Bob goes B

375 views • 27 slides

Beautiful theory. Wrong species.

Beautiful theory. Wrong species. How it should work. How economists* pretend it works. * Business executives and civil servants are more guilty than economists in this respect. Homo Economicus. Operates in a world of complete trust Has perfect information

366 views • 26 slides

Stock market for beginners

666 views • 17 slides

Artificial Intelligence

Artificial Intelligence. Game / Adversarial Search. Outline. Minimax Search Alpha-Beta Pruning. Garry Kasparov and Deep Blue, 1997. Games vs. search problems. "Unpredictable" opponent ? specifying a move for every possible opponent reply

398 views • 17 slides

Trading Agents in the Smart Electricity Grid

Trading Agents in the Smart Electricity Grid. Perukrishnen Vytelingum, Sarvapali D. Ramchurn , Thomas D. Voice, Alex Rogers and Nicholas R. Jennings University of Southampton. Background: The Wholesale Electricity Market. Two-stage mechanism typical in the wholesale electricity market:

283 views • 17 slides

IE 2030 Lecture 7 Decision Analysis

IE 2030 Lecture 7 Decision Analysis. Expected Value Utility Decision Trees. Introduction to PERT Decision tree example: party planning Concepts: Uncertainty Minimax Criterion Expected Value Criterion Risk Aversion. Risk Neutral, Risk Averse, Risk Seeking Utility Outcome and Decision

269 views • 13 slides

Space Complexity

Space Complexity. Reminder: P, NP classes. P NP is the class of problems for which: Guessing phase : A polynomial time algorithm generates a plausible solution S Checking phase : A polynomial time algorithm certifies that if S is correct A problem npc is NP-complete if: npc is in NP

260 views • 11 slides

Privacy and the Use of Cost/Benefit Analysis

202 views • 10 slides

OPERATIONS MANAGEMENT Quantitative Module A - Decision Making Tools

OPERATIONS MANAGEMENT Quantitative Module A - Decision Making Tools .

432 views • 10 slides

Extensive Form Games

Extensive Form Games. Mohsen Afsharchi. Extensive Game with Perfect Information. Concepts. Definitions. Strategy. Strategy. Nash Equilibrium. Nash Equilibrium - Example. Nash Equilibrium is not Enough.

281 views • 9 slides

Value of information

Value of information. Objective: Quantify value of information --both perfect and imperfect Principle: Information should help a decision maker make decisions that are better than decisions without information

165 views • 6 slides

Value of information

Value of information. Objective: Quantify value of information --both perfect and imperfect Principle: Information should help a decision maker make decisions that are better than decisions without information

170 views • 6 slides