Vidal's libraryTitle: | An approximate nonmyopic computation for value of information |
Author: | David Heckerman, Eric Horvitz, and Blackford Middleton |
Journal: | IEEE Transactions on Pattern Analysis and Machine Intelligence |
Volume: | 13 |
Number: | 3 |
Pages: | 292--299 |
Year: | 1993 |
DOI: | 10.1109/34.204912 |
Abstract: | It is argued that decision analysts and expert-system designers have avoided the intractability of exact computation of the value of information by relying on a myopic assumption that only one additional test will be performed, even when there is an opportunity to make large number of observations. An alternative to the myopic analysis is presented. In particular, an approximate method for computing the value of information of a set of tests, which exploits the statistical properties of large samples, is given. The approximation is linear in the number of tests, in contrast with the exact computation, which is exponential in the number of tests. The approach is not as general as in a complete nonmyopic analysis, in which all possible sequences of observations are considered. In addition, the approximation is limited to specific classes of dependencies among evidence and to binary hypothesis and decision variables. Nonetheless, as demonstrated with a simple application, the approach can offer an improvement over the myopic analysis. |
Cited by 41 - Google Scholar
@Article{heckerman93a,
author = {David Heckerman and Eric Horvitz and Blackford
Middleton},
title = {An approximate nonmyopic computation for value of
information},
journal = {{IEEE} Transactions on Pattern Analysis and Machine
Intelligence},
year = 1993,
volume = 13,
number = 3,
pages = {292--299},
abstract = {It is argued that decision analysts and
expert-system designers have avoided the
intractability of exact computation of the value of
information by relying on a myopic assumption that
only one additional test will be performed, even
when there is an opportunity to make large number of
observations. An alternative to the myopic analysis
is presented. In particular, an approximate method
for computing the value of information of a set of
tests, which exploits the statistical properties of
large samples, is given. The approximation is linear
in the number of tests, in contrast with the exact
computation, which is exponential in the number of
tests. The approach is not as general as in a
complete nonmyopic analysis, in which all possible
sequences of observations are considered. In
addition, the approximation is limited to specific
classes of dependencies among evidence and to binary
hypothesis and decision variables. Nonetheless, as
demonstrated with a simple application, the approach
can offer an improvement over the myopic analysis.},
url = {http://jmvidal.cse.sc.edu/library/heckerman93a.pdf},
doi = {10.1109/34.204912},
cluster = {16471335311131664838}
}
Last modified: Wed Mar 9 10:13:49 EST 2011