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What is Bayesian probability

Handbook of Research on Complex Dynamic Process Management: Techniques for Adaptability in Turbulent Environments
is an interpretation of probability which describes probability as a “personal belief”, based on combining any prior with observed information.
Published in Chapter:
Bayesian Agent Adaptation in Complex Dynamic Systems
Mair Allen-Williams (University of Southampton, UK) and Nicholas R. Jennings (University of Southampton, UK)
DOI: 10.4018/978-1-60566-669-3.ch007
Abstract
Multi-agent systems draw together a number of significant trends in modern technology: ubiquity, decentralization, openness, dynamism and uncertainty. As work in these fields develops, such systems face increasing challenges. Two particular challenges are decision making in uncertain and partiallyobservable environments, and coordination with other agents in such environments. Although uncertainty and coordination have been tackled as separate problems, formal models for an integrated approach are typically restricted to simple classes of problem and are not scalable to problems with many agents and millions of states. We improve on these approaches by extending a principled Bayesian model into more challenging domains, using heuristics and exploiting domain knowledge in order to make approximate solutions tractable. We show the effectiveness of our approach applied to an ambulance coordination problem inspired by the Robocup Rescue system.
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Applications of Reinforcement Learning and Bayesian Networks Algorithms to the Load-Frequency Control Problem
Is one of the different interpretations of the concept of probability and belongs to the category of evidential probabilities. The Bayesian interpretation of probability can be seen as an extension of logic that enables reasoning with propositions whose truth or falsity is uncertain.
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Uncovering Fine Structure in Gene Expression Profile by Maximum Entropy Modeling of cDNA Microarray Images and Kernel Density Methods
An interpretation of the colloquial term probability, which identifies the latter with the degree of belief of a proposition about the world. This interpretation is firmly grounded in the rules of Aristotelian logic and in fact extends the latter in situations of uncertainty i.e. when the truth or falsity of propositions cannot be ascertained completely. Stated in other terms, the construct of Bayesian Probability and the supporting theory is nothing more than “common sense reduced to numbers”. The major instrument for updating one’s prior beliefs to posterior inferences in light of new information is the computational machinery of the Bayes’ theorem.
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