Publications
Sharing of knowledge and preferences among imperfect Bayesian decision makers
Proceedings name:
Decision Making with Multiple Imperfect Decision Makers
Publisher:
Institute of Information Theory and Automation Academy of Sc
Keywords:
knowledge sharing, preference sharing, Bayesian decision mak
Anotation:
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 paper proposes a methodology for sharing of knowledge and strategies among participants, that helps to overcome the non-realistic assumption on participant´s unlimited abilities.