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CORR
2011
Springer
183views Education» more  CORR 2011»
13 years 2 months ago
Mean-Variance Optimization in Markov Decision Processes
We consider finite horizon Markov decision processes under performance measures that involve both the mean and the variance of the cumulative reward. We show that either randomiz...
Shie Mannor, John N. Tsitsiklis
DMIN
2009
142views Data Mining» more  DMIN 2009»
13 years 5 months ago
Action Selection in Customer Value Optimization: An Approach Based on Covariate-Dependent Markov Decision Processes
Typical methods in CRM marketing include action selection on the basis of Markov Decision Processes with fixed transition probabilities on the one hand, and scoring customers separ...
Angi Roesch, Harald Schmidbauer
DA
2010
139views more  DA 2010»
13 years 5 months ago
Eliciting Patients' Revealed Preferences: An Inverse Markov Decision Process Approach
. Direct approaches, which involve asking patients various abstract questions, have significant drawbacks. We propose a new approach that infers patient preferences based on observ...
Zeynep Erkin, Matthew D. Bailey, Lisa M. Maillart,...