ADAPTIVE BAYESIAN METHOD OF DECISION-MAKING

Dynamic Bayesian Decision - Making :

Bayesian Decision Making Theory

Adaptive Expert Decision Making:

Previous research has suggested that depth of search in chess does not increase much as a function of skill. We submitted players to a problem-solving task with complex positions. We found a strong skill effect in depth of search, rate of search, and number of nodes generated. At the level of strong masters, the absolute values of these variables were much higher than in previous studies (somet...

Dynamic Non-Bayesian Decision Making

The model of a non-Bayesian agent who faces a repeated game with incomplete information against Nature is an appropriate tool for modeling general agent-environment interactions. In such a model the environment state (controlled by Nature) may change arbitrarily, and the feedback/reward function is initially unknown. The agent is not Bayesian, that is he does not form a prior probability neithe...

Application of Bayesian decision making tool in detecting oil-water contact in a carbonate reservoir

Detection of Oil-Water Contacts (OWCs) is one of the primary tasks before evaluation of reservoir’s hydrocarbon in place, determining net pay zones and suitable depths for perforation operation. This paper introduces Bayesian decision making tool as an effective technique in OWC detecting using wire line logs. To compare strengths of the suggested method in detecting OWC with conventional one, ...