A Bayesian-optimal mechanism (BOM) is a mechanism in which the designer does not know the valuations of the agents for whom the mechanism is designed...
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assumptions on the valuations of the buyers. It is a simple kind of a Bayesian-optimal mechanism, in which the price is determined in advance without collecting...
18 KB (2,917 words) - 15:08, 4 January 2024
blocking costs. Bayesian-optimal mechanism Bayesian-optimal pricing Bayesian programming Bayesian inference Zamir, Shmuel (2009). "Bayesian Games: Games...
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function F s {\displaystyle F_{s}} is calculated. The Bayesian-optimal mechanism (Myerson's mechanism) is applied in sub-market M R {\displaystyle M_{R}}...
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List of things named after Thomas Bayes (redirect from Bayesian)
descriptions of redirect targets Bayesian operational modal analysis (BAYOMA) Bayesian-optimal mechanism Bayesian-optimal pricing Bayesian optimization – Statistical...
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mechanism types: Bayesian-optimal mechanisms (BOM) assume that the agents' valuations are drawn from a known probability distribution. The mechanism is...
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designing game forms (or mechanisms) to implement a given social choice function. Because it starts with the end of the game (an optimal result) and then works...
32 KB (4,977 words) - 12:34, 4 October 2024
Bayesian inference (/ˈbeɪziən/ BAY-zee-ən or /ˈbeɪʒən/ BAY-zhən) is a method of statistical inference in which Bayes' theorem is used to update the probability...
67 KB (8,972 words) - 10:47, 5 October 2024
Virtual valuation (category Mechanism design)
In auction theory, particularly Bayesian-optimal mechanism design, a virtual valuation of an agent is a function that measures the surplus that can be...
4 KB (590 words) - 14:27, 3 December 2023
A Bayesian network (also known as a Bayes network, Bayes net, belief network, or decision network) is a probabilistic graphical model that represents a...
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Pareto efficiency (redirect from Pareto optimal)
identify a single "best" (optimal) outcome. Instead, it only identifies a set of outcomes that might be considered optimal, by at least one person. Formally...
38 KB (5,069 words) - 17:06, 9 September 2024
Revelation principle (redirect from Revelation mechanism)
preferences of the player. A direct-mechanism Mech is said to be Bayesian-Nash-Incentive-compatible (BNIC) if there is a Bayesian Nash equilibrium of Game(Mech)...
9 KB (1,241 words) - 01:57, 1 July 2024
Vickrey auction (redirect from Vickrey-Groves-Clarke mechanism)
the revenue of the auctioneer. This is an example of Bayesian-optimal mechanism design. In mechanism design, the revelation principle can be viewed as a...
13 KB (2,220 words) - 21:37, 25 September 2024
In economics and game theory, Bayesian persuasion involves a situation where one participant (the sender) wants to persuade the other (the receiver) of...
10 KB (1,279 words) - 16:15, 1 October 2024
Incentive compatibility (category Mechanism design)
implemented by a DSIC mechanism. The Bayesian–Nash revelation-principle says that every social-choice function that can be implemented in Bayesian–Nash equilibrium...
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Bayesian inference of phylogeny combines the information in the prior and in the data likelihood to create the so-called posterior probability of trees...
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formulate normative (Bayes optimal) models of neuronal inference and learning under uncertainty and therefore subscribes to the Bayesian brain hypothesis. The...
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Statistical inference (section Bayesian inference)
Formal Bayesian inference therefore automatically provides optimal decisions in a decision theoretic sense. Given assumptions, data and utility, Bayesian inference...
48 KB (5,519 words) - 09:48, 23 July 2024
Approximate Bayesian computation (ABC) constitutes a class of computational methods rooted in Bayesian statistics that can be used to estimate the posterior...
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)}} . Prior-independent mechanisms (PIM) should be contrasted with two other mechanism types: Bayesian-optimal mechanisms (BOM) assume that the agents'...
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Double auction (section Mechanism design)
other Bayesian Nash equilibrium (see Myerson–Satterthwaite theorem). How should the auctioneer determine the trading price? An ideal mechanism would satisfy...
22 KB (3,196 words) - 01:56, 7 October 2024
are the products of (an ongoing) natural selection, the mechanisms are not necessarily optimal in an obvious sense. He cautions: "While Ockham's razor...
93 KB (10,781 words) - 18:48, 26 September 2024
Braga-Neto, Ulisses; Qian, Xiaoning; Dougherty, Edward R. (2019). "Scalable optimal Bayesian classification of single-cell trajectories under regulatory model uncertainty"...
95 KB (16,933 words) - 04:31, 2 September 2024
the Akaike information criterion and (ii) the Bayes factor and/or the Bayesian information criterion (which to some extent approximates the Bayes factor)...
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the optimal solution. The correlation gap was used to bound the loss of revenue when using a Bayesian-optimal pricing instead of a Bayesian-optimal auction...
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first English-language publication on an optimal design for regression models in 1876. A pioneering optimal design for polynomial regression was suggested...
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statistically optimal way, in addition, it appears that the kind of inferences used to infer single sources for multiple sensory inputs uses a Bayesian inference...
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Normative decision theory is concerned with identification of optimal decisions where optimality is often determined by considering an ideal decision maker...
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Support vector machine (section Bayesian SVM)
Recently, a scalable version of the Bayesian SVM was developed by Florian Wenzel, enabling the application of Bayesian SVMs to big data. Florian Wenzel developed...
64 KB (9,013 words) - 13:35, 26 August 2024
Williams, Steven (1999). "A Characterization of Efficient, Bayesian Incentive Compatible Mechanism". Economic Theory. 14: 155–180. doi:10.1007/s001990050286...
25 KB (3,975 words) - 19:34, 22 November 2023