SearcharxivSearch

arXiv subjects

Ali E. Abbas

Publications and source records attributed to Ali E. Abbas.

4 recordsLinked to original sources

Hybrid Forecasting of Geopolitical Events

Sound decision-making relies on accurate prediction for tangible outcomes ranging from military conflict to disease outbreaks. To improve crowdsourced forecasting accuracy, we developed SAGE, a hybrid forecasting system that combines human and machine generated forecasts. The system provides a platform where users can interact with machine models and thus anchor their judgments on an objective benchmark. The system also aggregates human and machine forecasts weighting both for propinquity and based on assessed skill while adjusting for overconfidence. We present results from the Hybrid Forecasting Competition (HFC) - larger than comparable forecasting tournaments - including 1085 users forecasting 398 real-world forecasting problems over eight months. Our main result is that the hybrid system generated more accurate forecasts compared to a human-only baseline which had no machine generated predictions. We found that skilled forecasters who had access to machine-generated forecasts outperformed those who only viewed historical data. We also demonstrated the inclusion of machine-generated forecasts in our aggregation algorithms improved performance, both in terms of accuracy and scalability. This suggests that hybrid forecasting systems, which potentially require fewer human resources, can be a viable approach for maintaining a competitive level of accuracy over a larger number of forecasting questions.

cs.CY

Adaptive Decision Making via Entropy Minimization

An agent choosing between various actions tends to take the one with the lowest cost. But this choice is arguably too rigid (not adaptive) to be useful in complex situations, e.g., where exploration-exploitation trade-off is relevant in creative task solving or when stated preferences differ from revealed ones. Here we study an agent who is willing to sacrifice a fixed amount of expected utility for adaptation. How can/ought our agent choose an optimal (in a technical sense) mixed action? We explore consequences of making this choice via entropy minimization, which is argued to be a specific example of risk-aversion. This recovers the $ε$-greedy probabilities known in reinforcement learning. We show that the entropy minimization leads to rudimentary forms of intelligent behavior: (i) the agent assigns a non-negligible probability to costly events; but (ii) chooses with a sizable probability the action related to less cost (lesser of two evils) when confronted with two actions with comparable costs; (iii) the agent is subject to effects similar to cognitive dissonance and frustration. Neither of these features are shown by entropy maximization.

physics.data-an

The Algebra of Utility Inference

Richard Cox [1] set the axiomatic foundations of probable inference and the algebra of propositions. He showed that consistency within these axioms requires certain rules for updating belief. In this paper we use the analogy between probability and utility introduced in [2] to propose an axiomatic foundation for utility inference and the algebra of preferences. We show that consistency within these axioms requires certain rules for updating preference. We discuss a class of utility functions that stems from the axioms of utility inference and show that this class is the basic building block for any general multiattribute utility function. We use this class of utility functions together with the algebra of preferences to construct utility functions represented by logical operations on the attributes.

cs.AI

An information theory for preferences

Recent literature in the last Maximum Entropy workshop introduced an analogy between cumulative probability distributions and normalized utility functions. Based on this analogy, a utility density function can de defined as the derivative of a normalized utility function. A utility density function is non-negative and integrates to unity. These two properties form the basis of a correspondence between utility and probability. A natural application of this analogy is a maximum entropy principle to assign maximum entropy utility values. Maximum entropy utility interprets many of the common utility functions based on the preference information needed for their assignment, and helps assign utility values based on partial preference information. This paper reviews maximum entropy utility and introduces further results that stem from the duality between probability and utility.

cs.AI