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We consider the problem of eliciting expert assessments of an uncertain parameter. The context is risk control, where there are, in fact, three uncertain parameters to be estimates. Two of these are probabilities, requiring the that the experts be guided in the concept of uncertainty about uncertainty. We propose a novel formulation for expert estimates, which relies on the range and the median, rather than the variance and the mean. We discuss the process of elicitation, and provide precise formulas for these new distributions.
There is significant concern that technological advances, especially in Robotics and Artificial Intelligence (AI), could lead to high levels of unemployment in the coming decades. Studies have estimated that around half of all current jobs are at ris
Predicting the outcomes of future events is a challenging problem for which a variety of solution methods have been explored and attempted. We present an empirical comparison of a variety of online and offline adaptive algorithms for aggregating expe
The solution to prevent maternal complications are known and preventable by trained health professionals. But in countries like Ethiopia where the patient to physician ratio is 1 doctor to 1000 patients, maternal mortality and morbidity rate is high.
The paper presents a possible solution to the problem of algorithmization for quantifying inno-vativeness indicators of technical products, inventions and technologies. The concepts of technological nov-elty, relevance and implementability as compone
In this paper, we study Reinforcement Learning from Demonstrations (RLfD) that improves the exploration efficiency of Reinforcement Learning (RL) by providing expert demonstrations. Most of existing RLfD methods require demonstrations to be perfect a