Simulation–Regression Approximations for Value of Information Analysis of Geophysical Data
Sign Up to like & getrecommendations! Published in 2017 at "Mathematical Geosciences"
DOI: 10.1007/s11004-017-9679-9
Abstract: Value of information analysis is useful for helping a decision maker evaluate the benefits of acquiring or processing additional data. Such analysis is particularly beneficial in the petroleum industry, where information gathering is costly and… read more here.
Keywords: information analysis; information; regression; analysis ... See more keywords
Model-free bounds on Value-at-Risk using extreme value information and statistical distances
Sign Up to like & getrecommendations! Published in 2019 at "Insurance: Mathematics and Economics"
DOI: 10.1016/j.insmatheco.2019.01.007
Abstract: We derive bounds on the distribution function, therefore also on the Value-at-Risk, of $\varphi(\mathbf X)$ where $\varphi$ is an aggregation function and $\mathbf X = (X_1,\dots,X_d)$ is a random vector with known marginal distributions and… read more here.
Keywords: value; value risk; extreme value; value information ... See more keywords
Economic value of information from an alert system on physiological imbalance in fresh cows.
Sign Up to like & getrecommendations! Published in 2020 at "Preventive veterinary medicine"
DOI: 10.1016/j.prevetmed.2020.105039
Abstract: Physiological imbalance is an abnormal physiological condition that cannot be directly observed but is assumed to precede subclinical and clinical diseases in the beginning of lactation. Alert systems to detect the physiological imbalance in a… read more here.
Keywords: imbalance; physiological imbalance; system; value information ... See more keywords
Neurocomputational mechanisms underlying the subjective value of information
Sign Up to like & getrecommendations! Published in 2021 at "Communications Biology"
DOI: 10.1038/s42003-021-02850-3
Abstract: Humans have a striking desire to actively seek new information, even when it is devoid of any instrumental utility. However, the mechanisms that drive individuals’ subjective preference for information remain unclear. Here, we used fMRI… read more here.
Keywords: neurocomputational mechanisms; information; value; mechanisms underlying ... See more keywords
Quantifying the benefit of structural health monitoring: can the value of information be negative?
Sign Up to like & getrecommendations! Published in 2021 at "Structure and Infrastructure Engineering"
DOI: 10.1080/15732479.2021.1890139
Abstract: Abstract The benefit of Structural Health Monitoring (SHM) can be properly quantified using the concept of Value of Information (VoI), which is, applied to an SHM case, the difference between the utilities of operating the… read more here.
Keywords: health monitoring; information; structural health; benefit structural ... See more keywords
The Value of the Information That Can Be Generated: Optimizing Study Design to Enable the Study of Treatments Addressing an Unmet Need for Rare Pathogens
Sign Up to like & getrecommendations! Published in 2022 at "Open Forum Infectious Diseases"
DOI: 10.1093/ofid/ofac266
Abstract: Abstract In traditional phase 3 trials confirming safety and efficacy of new treatments relative to a comparator, a 1-sided type I error rate of 2.5% is traditionally used and typically leads to minimum sizes of… read more here.
Keywords: information generated; value information; rare pathogens; unmet need ... See more keywords
Value of Information Analysis via Active Learning and Knowledge Sharing in Error-Controlled Adaptive Kriging
Sign Up to like & getrecommendations! Published in 2020 at "IEEE Access"
DOI: 10.1109/access.2020.2980228
Abstract: Large uncertainties in many phenomena have challenged decision making. Collecting additional information to better characterize reducible uncertainties is among decision alternatives. Value of information (VoI) analysis is a mathematical decision framework that quantifies expected potential… read more here.
Keywords: knowledge sharing; decision; analysis; value information ... See more keywords
Scheduling Policy for Value-of-Information (VoI) in Trajectory Estimation for Digital Twins
Sign Up to like & getrecommendations! Published in 2023 at "IEEE Communications Letters"
DOI: 10.1109/lcomm.2023.3264945
Abstract: This letter presents an approach to schedule observations from different sensors in an environment to ensure their timely delivery and build a digital twin (DT) model of the system dynamics. At the cloud platform, DT… read more here.
Keywords: information; state; value information; scheduling policy ... See more keywords
Guided Policy Exploration for Markov Decision Processes Using an Uncertainty-Based Value-of-Information Criterion
Sign Up to like & getrecommendations! Published in 2018 at "IEEE Transactions on Neural Networks and Learning Systems"
DOI: 10.1109/tnnls.2018.2812709
Abstract: Reinforcement learning in environments with many action–state pairs is challenging. The issue is the number of episodes needed to thoroughly search the policy space. Most conventional heuristics address this search problem in a stochastic manner.… read more here.
Keywords: policy; criterion; information; uncertainty ... See more keywords
Early life stress and perceived social isolation influence how children use value information to guide behavior.
Sign Up to like & getrecommendations! Published in 2021 at "Child development"
DOI: 10.1111/cdev.13727
Abstract: Learning the value of environmental signals and using that information to guide behavior is critical for survival. Stress in childhood may influence these processes, but how it does so is still unclear. This study examined… read more here.
Keywords: perceived social; information; value; social isolation ... See more keywords
Amalgam Alternatives: Cost-Effectiveness and Value of Information Analysis
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Dental Research"
DOI: 10.1177/0022034518782671
Abstract: We aimed to assess the cost-effectiveness of amalgam alternatives—namely, incrementally placed composites (IComp), composites placed in bulk (BComp), and glass ionomer cements (GIC). In a sensitivity analysis, we also included composite inlays (CompI) and incrementally… read more here.
Keywords: analysis; amalgam alternatives; cost effectiveness; effectiveness ... See more keywords