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Bayesian decision theory provides a strong theoretical basis for a single-participant decision making under uncertainty, that can be extended to multi-participant problems. However, Bayesian decision theory assumes unlimited abilities of a participant to
probabilistically model participant's environment and to optimise decision-making strategy.
The lecture describes results presented at NIPS 2010 workshop "Decision Making with Imperfect Decision Makers". A methodology is outlined for sharing of knowledge and preferences among participants, that helps to overcome the non-realistic assumption on participants' unlimited abilities.
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nips2010lecture.pdf (625.63 KB) | 625.63 KB |