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Near Optimal Chernoff Bounds for Markov Decision Processes

Published on Jan 14, 20134363 Views

The expected return is a widely used objective in decision making under uncertainty. Many algorithms, such as value iteration, have been proposed to optimize it. In risk-aware settings, however, the e

Chapter list

Risk Aversion in Markov Decision Processes via Near-Optimal Cherno Bounds00:00
Minimizing expected cost is sometimes wrong00:16
Our new risk-aware objective01:09
Air travel planning for guaranteed on-time performance02:35