TY - GEN

T1 - Epistemic utility estimation

AU - Morrell, Darryl

PY - 1992/12/1

Y1 - 1992/12/1

N2 - We apply an epistemological model of rational decision making developed by Isaac Levi to the estimation problem. The estimators thus developed are optimal with respect to an epistemic utility function that accounts for the cost of error, the decision agent's assessment of informational value, and the decision agent's specified willingness to risk errors in exchange for information acquisition; the estimators are inherently set-valued. We apply Levi's stable acceptance procedure to the estimation process, facilitating the use of unnormalized probability densities. As an example of the theory, we develop algorithms to apply an epistemic utility estimator to the output of a set-valued Kalman filter.

AB - We apply an epistemological model of rational decision making developed by Isaac Levi to the estimation problem. The estimators thus developed are optimal with respect to an epistemic utility function that accounts for the cost of error, the decision agent's assessment of informational value, and the decision agent's specified willingness to risk errors in exchange for information acquisition; the estimators are inherently set-valued. We apply Levi's stable acceptance procedure to the estimation process, facilitating the use of unnormalized probability densities. As an example of the theory, we develop algorithms to apply an epistemic utility estimator to the output of a set-valued Kalman filter.

UR - http://www.scopus.com/inward/record.url?scp=0027001631&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0027001631&partnerID=8YFLogxK

M3 - Conference contribution

AN - SCOPUS:0027001631

SN - 0819409391

T3 - Proceedings of SPIE - The International Society for Optical Engineering

SP - 565

EP - 575

BT - Proceedings of SPIE - The International Society for Optical Engineering

PB - Publ by Int Soc for Optical Engineering

T2 - Neural and Stochastic Methods in Image and Signal Processing

Y2 - 20 July 1992 through 23 July 1992

ER -