Optimized Bayesian Dynamic Advising

by Miroslav Karny

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Description

This work summarizes the theoretical and algorithmic basis of optimized pr- abilistic advising. It developed from a series of targeted research projects s- ported both by the European Commission and Czech grant bodies. The source text has served as a common basis of communication for the research team. When accumulating and re?ning the material we found that the text could also serve as • a grand example of the strength of dynamic Bayesian decision making, • a practical demonstration that comput