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Information Directed Policy Sampling for Partially Observable Markov Decision Processes with Parametric Uncertainty

In: Advances in Service Science

Author

Listed:
  • Peeyush Kumar

    (University of Washington)

  • Archis Ghate

    (University of Washington)

Abstract

This paper formulates partially observable Markov decision processes, where state-transition probabilities and measurement outcome probabilities are characterized by unknown parameters. An information theoretic solution method that adaptively manages the resulting exploitation-exploration trade-off is proposed. Numerical experiments for response guided dosing in healthcare are presented.

Suggested Citation

  • Peeyush Kumar & Archis Ghate, 2019. "Information Directed Policy Sampling for Partially Observable Markov Decision Processes with Parametric Uncertainty," Springer Proceedings in Business and Economics, in: Hui Yang & Robin Qiu (ed.), Advances in Service Science, pages 201-209, Springer.
  • Handle: RePEc:spr:prbchp:978-3-030-04726-9_20
    DOI: 10.1007/978-3-030-04726-9_20
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