An Adaption of the Jaynes Decision Algorithm

There are two types of decisions: given the estimated state of affairs, one decidesto change oneself in a certain way (that is best suited for the given conditions); given whatone is, one decides to change the state of affairs in a certain way (that is best suited for whatone wants for oneself). Jay...

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Main Author: Vlad Tarko
Format: Article
Language:English
Published: MDPI AG 2007-01-01
Series:Entropy
Subjects:
Online Access:http://www.mdpi.com/1099-4300/9/1/27/
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spelling doaj-dac3a2a2b78843cdb218f6a722b6f9202020-11-25T00:26:45ZengMDPI AGEntropy1099-43002007-01-0191272910.3390/e9010027An Adaption of the Jaynes Decision AlgorithmVlad TarkoThere are two types of decisions: given the estimated state of affairs, one decidesto change oneself in a certain way (that is best suited for the given conditions); given whatone is, one decides to change the state of affairs in a certain way (that is best suited for whatone wants for oneself). Jaynes' approach to decision theory accounts only for the first type ofdecisions, the case when one is just an observer of the external world and the decisiondoesn't change the world. However, many decisions involve the wish to transform theexternal environment. To account for this we need to add an additional step in Jaynes'proposed algorithm.http://www.mdpi.com/1099-4300/9/1/27/decision theoryloss functionMaxEntBayes
collection DOAJ
language English
format Article
sources DOAJ
author Vlad Tarko
spellingShingle Vlad Tarko
An Adaption of the Jaynes Decision Algorithm
Entropy
decision theory
loss function
MaxEnt
Bayes
author_facet Vlad Tarko
author_sort Vlad Tarko
title An Adaption of the Jaynes Decision Algorithm
title_short An Adaption of the Jaynes Decision Algorithm
title_full An Adaption of the Jaynes Decision Algorithm
title_fullStr An Adaption of the Jaynes Decision Algorithm
title_full_unstemmed An Adaption of the Jaynes Decision Algorithm
title_sort adaption of the jaynes decision algorithm
publisher MDPI AG
series Entropy
issn 1099-4300
publishDate 2007-01-01
description There are two types of decisions: given the estimated state of affairs, one decidesto change oneself in a certain way (that is best suited for the given conditions); given whatone is, one decides to change the state of affairs in a certain way (that is best suited for whatone wants for oneself). Jaynes' approach to decision theory accounts only for the first type ofdecisions, the case when one is just an observer of the external world and the decisiondoesn't change the world. However, many decisions involve the wish to transform theexternal environment. To account for this we need to add an additional step in Jaynes'proposed algorithm.
topic decision theory
loss function
MaxEnt
Bayes
url http://www.mdpi.com/1099-4300/9/1/27/
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