bibtype C - Conference Paper (international conference)
ARLID 0479432
utime 20240103214658.9
mtime 20171012235959.9
title (primary) (eng) Performance of Kullback-Leibler Based Expert Opinion Pooling for Unlikely Events
specification
page_count 10 s.
media_type E
serial
ARLID cav_un_epca*0479516
ISSN Proceedings of the NIPS 2016 Workshop on Imperfect Decision Makers
title Proceedings of the NIPS 2016 Workshop on Imperfect Decision Makers
page_num 41-50
publisher
place Cambridge
name JMLR
year 2017
editor
name1 Guy
name2 Tatiana Valentine
editor
name1 Kárný
name2 Miroslav
editor
name1 Rios-Insua
name2 D.
editor
name1 Wolpert
name2 D. H.
keyword Opinion Pooling
keyword Combining Probability Distributions
keyword Minimum KullbackLeibler Divergence
author (primary)
ARLID cav_un_auth*0263972
full_dept (cz) Adaptivní systémy
full_dept (eng) Department of Adaptive Systems
department (cz) AS
department (eng) AS
full_dept Department of Adaptive Systems
share 100
name1 Sečkárová
name2 Vladimíra
institution UTIA-B
country CZ
fullinstit Ústav teorie informace a automatizace AV ČR, v. v. i.
source
url http://library.utia.cas.cz/separaty/2017/AS/seckarova-0479432.pdf
cas_special
project
ARLID cav_un_auth*0331019
project_id GA16-09848S
agency GA ČR
country CZ
abstract (eng) The aggregation of available information is of great importance in many branches of economics,\nsocial sciences. Often, we can only rely on experts’ opinions, i.e. probabilities assigned to possible events. To deal with opinions in probabilistic form, we focus on the Kullback-Leibler (KL) divergence based pools: linear, logarithmic and KL-pool (Seckarova, 2015). Since occurrence of events is subject to random influences of the real world, it is important to address events assigned lower probabilities (unlikely events). This is done by choosing pooling with a higher entropy than standard linear or logarithmic options, i.e. the KL-pool. We show how well the mentioned pools perform on real data using absolute error, KL-divergence and quadratic reward. In cases favoring events assigned higher probabilities, the KL-pool performs similarly to the linear pool and outperforms the logarithmic pool. When unlikely events occur, the KL-pool outperforms both pools, which makes it a reasonable way of pooling.\n
action
ARLID cav_un_auth*0351361
name NIPS 2016 Workshop on Imperfect Decision Makers
dates 20161209
mrcbC20-s 20161209
place Barcelona
country ES
RIV BC
FORD0 10000
FORD1 10100
FORD2 10103
reportyear 2018
num_of_auth 1
presentation_type PR
inst_support RVO:67985556
permalink http://hdl.handle.net/11104/0275502
confidential S
arlyear 2017
mrcbU14 SCOPUS
mrcbU24 PUBMED
mrcbU34 WOS
mrcbU63 cav_un_epca*0479516 Proceedings of the NIPS 2016 Workshop on Imperfect Decision Makers 1938-7228 41 50 Cambridge JMLR 2017 Proceedings of Machine Learning Research volume 58
mrcbU67 Guy Tatiana Valentine 340
mrcbU67 340 Kárný Miroslav
mrcbU67 340 Rios-Insua D.
mrcbU67 340 Wolpert D. H.