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Probabilistic Network Approach to Decision-Making
Uppsala University, Disciplinary Domain of Science and Technology, Mathematics and Computer Science, Department of Mathematics, Applied Mathematics and Statistics.
2015 (English)In: Open systems & information dynamics, ISSN 1230-1612, E-ISSN 1573-1324, Vol. 22, no 2, 1550012Article in journal (Refereed) Published
Abstract [en]

A probabilistic approach to decision-making is developed in which the states of the underlying stochastic process, assumed to be of the Markov type, represent the competing options. The principal parameters determining the dominance of a particular option versus the others are identified and the transduction of information associated to the transitions between states is quantified using a set of entropy-like quantities.

Place, publisher, year, edition, pages
2015. Vol. 22, no 2, 1550012
National Category
Probability Theory and Statistics
URN: urn:nbn:se:uu:diva-260736DOI: 10.1142/S1230161215500122ISI: 000358260000005OAI: oai:DiVA.org:uu-260736DiVA: diva2:848350
EU, European Research Council, IDCAB 220/104702003
Available from: 2015-08-24 Created: 2015-08-24 Last updated: 2015-08-24Bibliographically approved

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Nicolis, Stamatios C.
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