A Self-adaptive Predictive Policy for Pursuit-evasion Game

Size: px
Start display at page:

Download "A Self-adaptive Predictive Policy for Pursuit-evasion Game"

Transcription

1 JOURNAL OF INFORMATION SCIENCE AND ENGINEERING 24, (2008) A Self-adaptive Predictive Policy for Pursuit-evasio Game ZHEN LUO, QI-XIN CAO AND YAN-ZHENG ZHAO Research Istitute of Robotics Shaghai Jiaotog Uiversity Shaghai , P.R. Chia The proposed self-adaptive predictive pursuig policy cosists of a actio decisio-makig procedure ad a procedure of adjustig the estimatio of evader s actio preferece. Sice correct estimatio of oppoet s itetio would do good to wi adversarial games, it itroduces the coceptio of actio preferece to model oppoet s decisio-makig. Because evader ofte has differet actio preferece i differet situatio, to model evader s decisio-makig, pursuer has to divide the situatio space ito may categories ad provide a set of estimatio of evader s actio preferece for each kid of situatio. Pursuer adjusts the estimatio of evader s actio preferece i certai situatio by observig evader s actio. Actio decisio-makig procedure cosists of situatio sortig, possible future states computatio, payoff evaluatio ad actio selectio. Actio decisio-makig is based o the decisio tree costructed by expected payoffs. Expected payoffs are itegrated from sigle payoffs. Sigle payoffs are evaluated by gais of features reflectig adversarial situatio. A simulatio of middle size soccer robots has bee carried out ad illustrated that the proposed policy is effective. Keywords: actio preferece, payoff fuctio, predictive, pursuit-evasio games, selfadaptive. INTRODUCTION Pursuit-evasio games are importat issues. There are may types of pursuit-evasio games, for examples visibility-based pursuit-evasio game [], the game of multipursuers capturig oe evader [2], pursuit-evasio game with safety-zoe [3, 4], etc. It ca also be cosidered that the RoboCup Soccer Robot game is costituted with some pursuit-evasio scearios. The sceario of a robot team iterceptig a oppoet dribblig is a typical pursuit-evasio game with safety-zoe. Today, RoboCup is a popular game to foster itelliget robotics research by providig a stadard problem [5]. Correct speculatio of oppoet s itetio is a key to wi a adversarial game. To estimate oppoets itetio, some researchers assumed that game players are ratioal [6, 7]. I such works, the assumptio I KNOW THAT HE KNOWS THAT I KNOW is grated by the game players. But i may adversarial games, especially today s adversarial games of robot, players are ofte short of iformatio of their oppoets. For example, i the typical pursuit-evasio game of missile iterceptio problem [3, 4], evader is ofte thought as blid, i.e. it is impossible that players of this kid game are ratioal. As the state-of-the-art of RoboCup soccer robot, ratioal assumptio is ot always i accord with the fact of soccer robots. For examples, robots of EIGEN MSL team 2006 use Fuzzy Potetial Method (FPM) to geerate actio [8], robots of Philips MSL Team 2006 are reactive [9] ad they could ot be ratioal. I fact, eve whe professioal hu- Received November 24, 2006; revised March, 2007; accepted Jue, Commuicated by Takeshi Tokuyama. 397

2 398 ZHEN-LUO, QI-XIN CAO AND YAN-ZHENG ZHAO ma athletes play adversarial games requirig quick decisio-makig, such as basketball game, they are ofte ot ratioal ad traied to follow if X, the execute actio Y rules. To atagoize with irratioal oppoets, a short-term predictio based pursuig policy for pursuit-evasio games is proposed i [0]. If it is possible, it is useful to predict other s actio []. The policy proposed i [0] supposes that player assumes that the probability of the oppoet executig each actio is equal. The oppoet s preferece for certai actio i certai situatio is igored. I real world, aget ofte follows some give actio decisio-makig rules, i.e., there is a kow or potetial mappig relatioship betwee situatios ad actios. For example, robots with reactive itelliget system architecture [2-4] have actio preferece for each situatio. Obviously, to beat the oppoet with actio preferece, it is helpful to take the actio preferece of oppoet ito accout. Thus, a self-adaptive predictive pursuig policy is preseted. The self-adaptatio of it is realized by modifyig the estimatio of oppoets actio prefereces i differet situatios. The preseted self-adaptive method is ot same with reiforcemet learig. The coceptio of reiforcemet learig is first suggested by Misky [5]. The basic idea of reiforcemet learig is as follows: if a actio leads to positive reward, the the possibility of the aget executig the actio will be icreased; otherwise, if a actio leads to egative reward, the the possibility of executig the actio would be decreased. As the paper [6] said, a drawback of reiforcemet learig is that the learig procedure would be log. O the cotrary, the estimatio of oppoet s actio preferece i certai situatio ca be adjusted quickly. For may adversarial games, such as soccer game, it is ot a good idea to use the try ad adjust procedure of reiforcemet learig (although reiforcemet learig is useful i traiig soccer robot). Furthermore, i may adversarial games, situatio is ot so simple as the evet of shootig/defedig i most time. It is a problem to desig a perfect reward evaluatio. O the other had, if situatios ca be evaluated perfectly, why ot use the method that decisio is made by evaluatig the result of actios directly? With the preseted method, desiger ca focus o how to improve the reward evaluatio. For the great maeuverability of itelliget players i may games, their possible state spaces of log-term ruig would be extremely huge. So i such games, it is ofte impractical to do log-term predictio before selectig a actio to execute. Furthermore, it is difficult to work out a o-greedy GLOBAL-MAX solutio i such pursuitevasio games. Thus, the preseted method oly uses short-term iformatio for decisiomakig. The basic actio decisio-makig procedure is described i sectio 2. Sectio 3 expatiates o the method of actio preferece estimatio. A simulatio is preseted i sectio 4. Sectio 5 cocludes. 2. ACTION DECISION-MAKING PROCEDURE I practice, it is difficult to work out a optimal actio solutio i pursuit-evasio games with itelliget ad highly maeuverable oppoets. Player ofte has to execute a actio that seems to be reasoable. Thus, it is reasoable to assume that a aget P has

3 SELF-ADAPTIVE SHORT-TERM PREDICTIVE PURSUING POLICY 399 a discrete ad fiite actio space ad it justly selects a ratioal actio withi the limited actio space to execute. I fact, for may real systems, their actios or cotrols are restricted to be a limited umber of classes. For example, i several versios of middle size soccer robot itelliget system developed by us, there are oly several levels of power i use. Thus, if W is the actio space of P, W = {w i i =,, N}, where w i deotes actio i ad N is the umber of actios, the the result of P s decisio-makig is that it selects oe actio w j (or actio sequece) to execute. For the proposed predictive policy, the selected actio w j should lead to a maximal reward or miimal payoff for certai future. Payoff (or reward) is used to idicate the vatage grade of players i a adversarial situatio. Sice a aget usually does ot kow whether its oppoet is ratioal or ot, it is reasoable to use the aggregate values of payoffs at some future time to make actio decisio. Here, the aggregate value of payoff is called as expected payoff. Expected payoff is itegrated with sigle payoff. Sigle payoff ca be defied as i curret situatio (player P is i state s 0 ad its oppoet E is i state s 0,), the payoff J(s 0, s 0, w i, u j, t) of a player P executig actio w i with time t agaist its oppoet E executig actio u j. Thus, after time t, expected payoff E[J(s 0, s 0, w i, u, t)] of a player P executig actio w i i curret situatio satisfies the followig equatio: EJs [ (, s, w, ut, )] = pujs ( ) (, s, w, utdu, ), () i U where U is the actio space of player E, p(u) is the probability of E executig actio u i the situatio (costituted by P state s 0 ad E state s 0 ). It satisfies the equatio: i pudu= ( ). (2) U Defiitio The probability or probability desity p(u) of a aget executig a actio u i certai situatio is the actio preferece of the aget executig u i that situatio. I this paper, the actio preferece p(u) is P s subjective estimatio of the probability of E executig actio u. The payoff is evaluated with the result of executig certai actios, i.e. it is evaluated by evaluated the situatio as result of executig certai actios. If i curret situatio, P will be i state S it by executig actio w i with time t ad E will be i sate S ut by executig actio u with time t, the J ( s, s, w, u, t) = ψ ( s, s ). (3) i it ut Thus, Eq. () ca be rewritte as follows: E[ J( s, s, w, u, t)] = p( u) ψ ( s, s ) du. (4) i it ut U Accordig to Eq. (4), to evaluate its expected payoff of executig each kid actio with time t i curret situatio, a player eeds to kow the actio preferece of its oppo-

4 400 ZHEN-LUO, QI-XIN CAO AND YAN-ZHENG ZHAO et ad the future states of players. Because a player usually has differet actio preferece i differet situatios, it eeds estimate the type ofr the curret situatio firstly. Thus, the proposed actio decisio-makig procedure cosists of curret situatio sortig, possible short-term future states computatio for all players, payoff evaluatio ad actio selectio, as show i Fig.. Possible future states computatio Situatio sortig Tree of states Payoff evaluatio Decisio tree Actio selectio Fig.. Basic decisio-makig procedure. 2. Payoff Evaluatio ad Decisio-makig Payoff evaluatio procedure is divided ito two steps: at first, evaluates sigle payoff; the itegrates sigle payoffs ito expected payoffs. Actio decisio is made based o a decisio tree costructed from expected payoffs. 2.. Sigle payoff evaluatio I pursuit-evasio games, sigle payoff is ofte scaled with the distace amog game players. For may adversarial pursuit-evasio games, the vatage of situatio is ot oly reflected by the parameters of distace. With the coceptio of feature that reflects profile of the situatio vatage, a sigle payoff evaluatio method is proposed as follows: () At first, works out values of features those reflect the situatio costituted by P state s it agaist E state s ut ; (2) Evaluates each feature respectively; (3) Itegrates gais of all features ito a sigle payoff. For pursuit-evasio games with safety-zoe, such as typical sceario of iterceptig a robot E dribblig i middle size soccer robots game, several features could be extracted: the distace betwee P ad E at that momet, the distace betwee P ad the possible shootig lie of E, the related approachig speed betwee P ad E, etc. Payoff fuctio used to evaluate certai feature ca be desiged based o experiece kowledge ad adjusted by experimets. For example, i soccer robots game, it is show with experiece kowledge that the shorter the distace betwee P ad the possible shootig lie of E is, the safer P is. So the payoff fuctio of feature the distace betwee P ad the possible shootig lie of E ca be i followig form: f = e -d/k (5) where d is the distace ad k is a positive tuable costat. Assumig that feature payoff fuctios are f, f 2,, f respectively, the sigle payoff fuctio of P state s it agaist E state s ut ca be a liear weighted sum:

5 SELF-ADAPTIVE SHORT-TERM PREDICTIVE PURSUING POLICY 40 J ( s, s, w, u, t) = ψ( s, s ) = α f (6) i it ut j j j= where α j is the weight coefficiet Expected payoff evaluatio As Eq. (4) show i the above, the expected payoff E[J(s 0, s 0, w i, u, t)] of a player P executig actio w i i curret situatio ca be evaluated. Sice i adversarial game, players usually caot kow their oppoets actios i detail ad they usually ca oly gai a estimatio of their oppoets actio space boud values. Thus it is ot bad for a player P to assume its oppoet has a cotiuous actio space. It meas that the payoff evaluatio method as Eq. (4) is reasoable. But it is difficult to compute expected payoff E[J(s 0, s 0, w i, u, t)] with Eq. (4) directly. Thus, approximately evaluatio method is eeded. Accordig to the priciple of Quasi-Mote Carlo, the whole characteristic of somethig ca be reflected approximately by itegratig characteristics of evely distributed sample poits. Sice the expected payoff E[J(s 0, s 0, w i, u, t)] of P executig actio w i i some situatio is a fuctio of u as Eq. (4), P ca select evely distributed virtual actios u of E to evaluate E[J(s 0, s 0, w i, u, t)] approximately. For example, select agular velocities ± jω emax /m as values of E s 2m + actios u j, where j = 0,,, m. Thus, the expected payoff of P executig actio w i i the situatio ca be evaluated approximately as follows: 2m+ i i j j j= E[ J( s, s, w, u, t)] J( s, s, w, u, t) p( u ) (7) where p(u j ) is the estimated actio preferece of E executig actio u j i the situatio. After all expected payoffs have bee evaluated, P establishes a decisio tree show as Fig. 2, supposig that P has choices of actios. I Fig. 2,,, k 0 represet the idexes of predictig step. Based o the decisio tree, P determies which actio to execute i ext time. k 0 : ' ' : E [ J ( s, s, w, u, T )] E[ J ( s,,,, )] 0 s0 w u T ' ' E J ( s, s, w, u, k )] J ( s, s, w, u, k )] x [ T 0 Fig. 2. Decisio tree of P. E[ T z States Predictig As metioed i the above, payoff evaluatio is based o the predicted situatios; the policy executer P should work out possible future states of all players.

6 402 ZHEN-LUO, QI-XIN CAO AND YAN-ZHENG ZHAO P ca do multiple steps predictig. Here, a sigle predictig step is correspodig to time T: for P calculatig future states of a game player, it is assumed that the game player executes certai actio cotiuously with time T. If P has worked out all possible states of all players at time T, P fiishes the first step predictio; if P has worked out all possible states of all players at time 2T, P fiishes the secod step predictig;. I geeral terms, if P has worked out all possible states of all players at time T, 2T,, T, P fiishes steps predictio. P predicts its ow future states as follows: with curret state s 0, it calculates the future state s it as the result of executig actio w i with time T. After it obtaiig all possible states at time T, it fiishes the first step predictio of itself. Similarly, at the secod predictio step, it works out all possible states at time 2T with the states predicted at the first step. I the same way, P ca fiish steps predictio. The procedure of P predictig E s future states is similar with predictig its ow future states. The differece is that: whe P predicts its ow states, it uses real executed actios; whe P predicts E s future states, it is based o the virtual selected actios that are evely distributed i E s virtual cotiuous actio space. The time of each predictio step should ot be too log. Obviously, if it is too log, it will lead to isufferable error for decisio-makig. For example, there may exist two actios A ad B, at time T, executig A seems to be better tha executig B; but at some time i (0, T), executig A meas lose ad executig B meas wi. O the other had, the time T of each predictio step should ot be too short either. As the work show i [0], it is better to let the total predictio time legth reach some value to gai a reasoable decisio. Thus, to achieve a reasoable decisio, the less the time of each predictio step is, the bigger the predictio step umber will be. With a big predictio steps umber, the computatio complexity will be eormous. The computig complexity may affect the capability to react i real-time. The computig complexity ca be estimated with the times of computig sigle payoff. Suppose that P has kids of actios ad P assumes that E has m kids of actios, k k i i the after k predictio steps, the predicted states umber of P ad E are ad m k i= i= i i respectively, the umber of calculatig sigle payoffs is m. i= Thus, the growth of predictio step umber leads to great icreasig of computig complexity. For example, if = m = 0, icreasig oe predictio step would lead to 00 times augmet of computig complexity; if the predictio step umber k = 5, it takes more tha 5s to calculatig sigle payoffs usig a 2GHz computer; o the cotrary, if k = 3, the time used is about ms quatity. The time of each predictio step ca be determied accordig to the maeuverability of players. 3. ACTION PREFERENCE ESTIMATION A game player usually executes differet actios i differet situatios, i.e. there are differet types of actio preferece of the player for differet situatios. Thus, situatio should be divided ito may categories accordig to some stadards. P has to estimate actio prefereces of E for all kids of situatios. I essece, the procedure of estimatig

7 SELF-ADAPTIVE SHORT-TERM PREDICTIVE PURSUING POLICY 403 player E s actio prefereces is a procedure of modelig E s decisio-makig. Obviously, it is ideal for player P that P divides the situatio space i the same way as E does. But it is impractical sice P usually does t kow how E divides its situatio space. If P wats to capture E s itetio correctly, size of situatios i P should be less tha that i E. O the other had, P is usually uable to kow the size of situatios i E. I order to achieve the best estimatio, what P ca do is to divide the situatio space ito as may classes as possible with the limitatio of computig complexity ad the requiremets for real-time decisio-makig. The estimatio of a player s actio preferece i certai situatio is self-adaptive. I each decisio-makig cycle, the estimatio of E s actio preferece is adjusted. As poited i Defiitio, the estimatio of E s actio preferece i certai situatio is defied as the estimatio of the probability of E executig each kid of actio. Accordig to the priciples of probability, the probability of evet u i ca be approximately estimated as follows: pu ( ) x x, (8) i i j j= where x j is the occurrece cout of evet u j, is the total evet umber of the sample space. Thus, E s actio preferece i certai situatio ca be estimated by coutig executed times of each actio i the situatio. Iitially, P may supposes that the probability of E executig each actio is equal, i.e. the iitial executed times of all actios are set to be equal. If x mi is the executed times of E executig actio u i i certai situatio m, the iitially, all x mi are set to be c 0, where c 0 is a o-egative costat. I each decisio-makig cycle, P estimates the parameters of actio that E executed ad selects the virtual actio u i, that is the least differece with the estimated parameters, as the observed actio. The, P adjusts the executed times x mi of the virtual actio u i for the last situatio m as follows: x mi + c x mi, (9) where c is a costat, such as. Fially, recalculate actio preferece of E i the situatio m: p ( u ) x x. = (0) m i mi mj j= 4. SIMULATION A simulatio is carried out based o the practice of the autoomous soccer robots game. I order to illustrate the policy more explicitly, it uses Oe VS Oe iterceptig sceario: aget P is resposible for iterceptig the football dribbled or shot by E. For coveiece, E is used to deote the robot dribblig the football or the shot football: if the football is shot, E is the football; otherwise, E is the robot dribblig the football. The victory criterio of E is that the ball is set ito the goal. The victory criterio

8 404 ZHEN-LUO, QI-XIN CAO AND YAN-ZHENG ZHAO (a) The first time simulatio result. (b) The fifth time simulatio result. Fig. 3. Simulatio results. of P is that oe of followig evets happes: (a) P eter ito a zoe with size 0.5m 0.6m i frot of E; (b) The football is out of the field. I the simulatio, the field size is 0m 5m. The goal (safety-zoe of E) is located at (0m,.5m-3.5m). P s liear velocity is.5m/s ad maximum agular velocity is 2 rad/s. E s liear velocity is.5m/s ad maximum agular velocity is rad/s. The iitial velocity of football shot by robot is 5m/s, ad its acceleratio is 2m/s 2. The system istructio cycles of P ad E are both 0.s. The horizotal orietatio to goal side is 0rad as show i Fig. 3. E s policy is as follows: if the shootig coditio is satisfied, the it shoots the football; otherwise, it tries to dribble the football to goal; if P appears at certai positio i frot of it, it turs aroud to avoid P; E does ot predict. I the simulatio of P usig the proposed self-adaptive predictive pursuig policy, it divides the adversarial situatio ito 08 categories: () Accordig to the X coordiatio of E, it is divided ito 4 types: x 5m, 5m < x 6.5m, 6.5m < x 8m ad x > 8m; (2) Accordig to the Y coordiatio of E, it is divided ito 3 types: y <.5m,.5m y < 3.5m ad y 3.5m; (3) Accordig to the relative positio betwee P ad E, it is divided ito 9 types: (a) The distace betwee P ad E is greater tha 4m; (b) The distace betwee P ad E is greater tha 2m ad ot greater tha 4m. Accordig to the agle α betwee the orietatio of E ad the lie betwee P ad E, it is divided ito 4 types furthermore: π/6 α < π/2, π/2 α 3π/2, 3π/2 α π/6 ad otherwise; (c) The distace betwee P ad E is ot greater tha 2m. Accordig to the agle α betwee the orietatio of E ad the lie betwee P ad E, it is divided ito 4 types furthermore: π/6 α <π/2, π/2 α 3π/2, 3π/2 α π/6 ad otherwise. I the simulatio, P just uses 2 features to evaluate sigle payoff. The sigle payoff fuctio of P executig actio w i agaist E executig certai actio u j is as follows: d/0 d2/0 J( s, s, w, u, t) = ψ ( s, s ) = 0.5e + 0.5e () i j it jt

9 SELF-ADAPTIVE SHORT-TERM PREDICTIVE PURSUING POLICY 405 where d is the distace from P to the iterceptig poit; d 2 is the distace from P to possible shootig lie of E. Note: The sigle payoff fuctio of P executig actio w i has ot bee optimized. The uit of distace i above equatios is m. I the simulatio, the iitial coordiatio of P is (7.5m, 2.5m, 3.42 rad). The time of each predictio step is s. P does oe-step predictio. P has actios ad assumes that E has actios. The iitial positio of E is (5m, 2.5m) ad its start agle varies. For the proposed self-adaptive predictive pursuig policy, it carries o 50 times simulatio i each iitial coditio (icludig players iitial positios, orietatios): () Iitially, P assumes that the actio preferece of E is equal ad adjusts the estimatio of E s actio preferece durig simulatio; (2) With the same iitial coditio as the first time simulatio ad P s adjusted estimatio of E s actio preferece as the result of last time simulatio, the secod time simulatio is carried out ad P adjusts the E s actio preferece estimatio furthermore; (3) I the same way, fifty times of simulatios are carried out. As a cotrast, i the same iitial coditios, with the assumptio that E s actio preferece is equal; a simulatio of short-term predictive pursuig policy is carried out. The simulatio result is show i Table. Table. Result of simulatio. E s start Equal actio preferece Self-adaptive pursuig policy agle assumptio 0 Wi all Wi 0.2 Wi all Wi 0.4 Wi all Wi 0.6 Wi the first 2 times Wi 0.8 Wi the times of st, 2 d ad 4 th Wi 0.9 Wi the first 6 times, ad the times of 8 th, 9 th ad 0 th Wi.0 Wi all Lose.05 Wi all Lose.5 Wi the first 8 times Lose.25 Wi the times of from 2 d to 7 th ad 5 th to 50 th Lose Result of Simulatio: () Usig the self-adaptive predictive pursuig policy, it is possible that P improve the effect of pursuig. A simulatio result with E s origial positio (m, 3m) ad start agle 0 rad is show i Fig. 3. (2) The proposed policy is effective as illustrated i Table, where Wi or Lose is about P. Although i some cases, the effectiveess of the proposed self-adaptive policy is t better tha the method with equal actio preferece assumptio. There may exist several reasos. For example, the situatio space divisio maer of P does ot match with which of E.

10 406 ZHEN-LUO, QI-XIN CAO AND YAN-ZHENG ZHAO I Fig. 3, + represets the pursuer, ο represets the evader. 5. CONCLUSION A self-adaptive predictive policy for pursuit-evasio games is preseted, which takes actio preferece of its oppoet ito accout. The estimatio of a oppoet s actio preferece i some situatio would be adjusted accordig to the observatio of the oppoet. Thus, the predictive policy is self-adaptive. I essece, the adjustmet procedure of the estimatio of a oppoet s actio preferece is a procedure of modelig the oppoet s decisio-makig. Aget usually has differet actio prefereces i differet situatios. To model a oppoet more precisely, the player should divide the situatio space ito may categories. The policy ca be used i real-time adversarial games. I such games, it may be ukow whether players are irratioal or ot. Based o the model of RoboCup middle size soccer robots, a simulatio has bee carried out. The proposed policy has bee illustrated to be effective. I future, we would try to do further research ad apply it i real soccer robots. It requires precise world modelig, icludig localizatio, motio estimatio, etc. REFERENCES. S. M. Lavalle ad J. E. Hirichse, Visibility-based pursuit-evasio: the class of curved eviromets, IEEE Trasactios o Robotics ad Automatio, Vol. 7, 200, pp R. Vidal, O. Shakeria, H. J. Kim, et al. Probabilistic pursuit-evasio games: Theory, implemetatio, ad experimetal evaluatio, IEEE Trasactios o Robotics ad Automatio, Vol. 8, 2002, pp J. Shiar, Y. Lipma, ad M. Zarkh, Mixed strategies i missile versus missile iterceptio scearios, i Proceedigs of the America Cotrol Coferece, 996, pp V. Turetsky ad J. Shiar, Missile guidace laws based o pursuit-evasio game formulatios, Automatica, Vol. 39, 2003, pp H. Kitao, M. Asada, I. Noda, ad H. Matsubara, RoboCup: robot world cup, IEEE Robotics & Automatio Magazie, 998, pp J. P. Hespaha, M. Pradii, ad S. Sastry, Probabilistic pursuit-evasio games: a oe-step ash approach, i Proceedigs of the 39th IEEE coferece o Decisio ad Cotrol, 2000, pp P. C. Zhou ad B. R. Hog, Group robot pursuit-evasio problem based o game theory, Joural of Harbi Istitute of Techology, Vol. 35, 2003, pp H. Fujii, M. Kawashima, E. Sugiyama, et al., EIGEN Keio Uiversity Team Descriptio, i RoboCup 2006, Breme, Germay. 9. B. Dirkx, Philips RoboCup Team Descriptio, i RoboCup 2006, Breme, Germay. 0. Z. Luo ad Q. X. Cao, Pursuig method based o short-term predictio, Joural of Shaghai Jiaotog Uiversity, Vol. 40, 2006, pp , P. Stoe ad M. Veloso, Multiaget systems: a survey from a machie learig perspective, Autoomous Robots, Vol. 8, 2000, pp

11 SELF-ADAPTIVE SHORT-TERM PREDICTIVE PURSUING POLICY R. A. Brooks, A robust layered cotrol system for a mobile robot, IEEE Joural of Robotics ad Automatio, Vol. RA-2, 986, pp B. L. Zhog, Q. Zhag, ad Y. M. Yag, Real time reactive strategies based o potetial fields for robot soccer, i Proceedigs of the IEEE Iteratioal Coferece o Robotics, Itelliget Systems ad Sigal Processig, 2003, pp D. Camacho, F. Ferádez, ad M. A. Rodelgo, Roboskeleto: a architecture for coordiatig robot soccer agets, Egieerig Applicatios of Artificial Itelligece, Vol. 9, 2006, pp M. L. Misky, Theory of eural aalog reiforcemet systems ad its applicatio to the brai model problem, Ph.D. Thesis, Priceto Uiversity, New Jersey, X. C. Wag, R. B. Zhag, ad G. C. Gu, Research o multi-aget team formatio based o reiforcemet learig, Computer Egieerig, Vol. 28, 2002, pp Zhe Luo ( 罗 ) received his B.S. degree from Northwester Poly-techology Uiversity, Chia, i 996, received his M.S. degree i Cyberetics ad Automatio Egieerig from Shaghai Uiversity i 999. He is pursuig his Ph.D. degree i Shaghai Jiaotog Uiversity. His research iterest is o autoomous robot. Qi-Xi Cao ( ) received the M.S. degree from Uiversity of Miyazaki, Japa, i 994, the Ph.D. degree from Uiversity of Kagoshima, Japa, i 997. He is a professor of Research Istitute of Robotics, Shaghai Jiaotog Uiversity, Chia. His research iterests iclude autoomous robot, machie visio, eural etwork, ad patter recogitio. Ya-Zheg Zhao ( 赵 ) received his M.S. ad Ph.D. degrees i Mechaical Egieerig from Harbi Istitute of Techology, Harbi, Chia, i 988 ad 999. He is a professor of Research Istitute of Robotics, Shaghai Jiaotog Uiversity, Chia. His research iterests iclude special type robots ad itelliget cotrol, bioics robot, etc.

Statistics for Economics & Business

Statistics for Economics & Business Statistics for Ecoomics & Busiess Cofidece Iterval Estimatio Learig Objectives I this chapter, you lear: To costruct ad iterpret cofidece iterval estimates for the mea ad the proportio How to determie

More information

CAPITAL PROJECT SCREENING AND SELECTION

CAPITAL PROJECT SCREENING AND SELECTION CAPITAL PROJECT SCREEIG AD SELECTIO Before studyig the three measures of ivestmet attractiveess, we will review a simple method that is commoly used to scree capital ivestmets. Oe of the primary cocers

More information

The material in this chapter is motivated by Experiment 9.

The material in this chapter is motivated by Experiment 9. Chapter 5 Optimal Auctios The material i this chapter is motivated by Experimet 9. We wish to aalyze the decisio of a seller who sets a reserve price whe auctioig off a item to a group of bidders. We begi

More information

Estimating Proportions with Confidence

Estimating Proportions with Confidence Aoucemets: Discussio today is review for midterm, o credit. You may atted more tha oe discussio sectio. Brig sheets of otes ad calculator to midterm. We will provide Scatro form. Homework: (Due Wed Chapter

More information

FINM6900 Finance Theory How Is Asymmetric Information Reflected in Asset Prices?

FINM6900 Finance Theory How Is Asymmetric Information Reflected in Asset Prices? FINM6900 Fiace Theory How Is Asymmetric Iformatio Reflected i Asset Prices? February 3, 2012 Referece S. Grossma, O the Efficiecy of Competitive Stock Markets where Traders Have Diverse iformatio, Joural

More information

Binomial Model. Stock Price Dynamics. The Key Idea Riskless Hedge

Binomial Model. Stock Price Dynamics. The Key Idea Riskless Hedge Biomial Model Stock Price Dyamics The value of a optio at maturity depeds o the price of the uderlyig stock at maturity. The value of the optio today depeds o the expected value of the optio at maturity

More information

Maximum Empirical Likelihood Estimation (MELE)

Maximum Empirical Likelihood Estimation (MELE) Maximum Empirical Likelihood Estimatio (MELE Natha Smooha Abstract Estimatio of Stadard Liear Model - Maximum Empirical Likelihood Estimator: Combiatio of the idea of imum likelihood method of momets,

More information

5. Best Unbiased Estimators

5. Best Unbiased Estimators Best Ubiased Estimators http://www.math.uah.edu/stat/poit/ubiased.xhtml 1 of 7 7/16/2009 6:13 AM Virtual Laboratories > 7. Poit Estimatio > 1 2 3 4 5 6 5. Best Ubiased Estimators Basic Theory Cosider agai

More information

A New Constructive Proof of Graham's Theorem and More New Classes of Functionally Complete Functions

A New Constructive Proof of Graham's Theorem and More New Classes of Functionally Complete Functions A New Costructive Proof of Graham's Theorem ad More New Classes of Fuctioally Complete Fuctios Azhou Yag, Ph.D. Zhu-qi Lu, Ph.D. Abstract A -valued two-variable truth fuctio is called fuctioally complete,

More information

The Time Value of Money in Financial Management

The Time Value of Money in Financial Management The Time Value of Moey i Fiacial Maagemet Muteau Irea Ovidius Uiversity of Costata irea.muteau@yahoo.com Bacula Mariaa Traia Theoretical High School, Costata baculamariaa@yahoo.com Abstract The Time Value

More information

1 Estimating sensitivities

1 Estimating sensitivities Copyright c 27 by Karl Sigma 1 Estimatig sesitivities Whe estimatig the Greeks, such as the, the geeral problem ivolves a radom variable Y = Y (α) (such as a discouted payoff) that depeds o a parameter

More information

Chapter 8: Estimation of Mean & Proportion. Introduction

Chapter 8: Estimation of Mean & Proportion. Introduction Chapter 8: Estimatio of Mea & Proportio 8.1 Estimatio, Poit Estimate, ad Iterval Estimate 8.2 Estimatio of a Populatio Mea: σ Kow 8.3 Estimatio of a Populatio Mea: σ Not Kow 8.4 Estimatio of a Populatio

More information

Chapter 8. Confidence Interval Estimation. Copyright 2015, 2012, 2009 Pearson Education, Inc. Chapter 8, Slide 1

Chapter 8. Confidence Interval Estimation. Copyright 2015, 2012, 2009 Pearson Education, Inc. Chapter 8, Slide 1 Chapter 8 Cofidece Iterval Estimatio Copyright 2015, 2012, 2009 Pearso Educatio, Ic. Chapter 8, Slide 1 Learig Objectives I this chapter, you lear: To costruct ad iterpret cofidece iterval estimates for

More information

Unbiased estimators Estimators

Unbiased estimators Estimators 19 Ubiased estimators I Chapter 17 we saw that a dataset ca be modeled as a realizatio of a radom sample from a probability distributio ad that quatities of iterest correspod to features of the model distributio.

More information

Subject CT1 Financial Mathematics Core Technical Syllabus

Subject CT1 Financial Mathematics Core Technical Syllabus Subject CT1 Fiacial Mathematics Core Techical Syllabus for the 2018 exams 1 Jue 2017 Subject CT1 Fiacial Mathematics Core Techical Aim The aim of the Fiacial Mathematics subject is to provide a groudig

More information

Lecture 4: Probability (continued)

Lecture 4: Probability (continued) Lecture 4: Probability (cotiued) Desity Curves We ve defied probabilities for discrete variables (such as coi tossig). Probabilities for cotiuous or measuremet variables also are evaluated usig relative

More information

APPLICATION OF GEOMETRIC SEQUENCES AND SERIES: COMPOUND INTEREST AND ANNUITIES

APPLICATION OF GEOMETRIC SEQUENCES AND SERIES: COMPOUND INTEREST AND ANNUITIES APPLICATION OF GEOMETRIC SEQUENCES AND SERIES: COMPOUND INTEREST AND ANNUITIES Example: Brado s Problem Brado, who is ow sixtee, would like to be a poker champio some day. At the age of twety-oe, he would

More information

Anomaly Correction by Optimal Trading Frequency

Anomaly Correction by Optimal Trading Frequency Aomaly Correctio by Optimal Tradig Frequecy Yiqiao Yi Columbia Uiversity September 9, 206 Abstract Uder the assumptio that security prices follow radom walk, we look at price versus differet movig averages.

More information

Productivity depending risk minimization of production activities

Productivity depending risk minimization of production activities Productivity depedig risk miimizatio of productio activities GEORGETTE KANARACHOU, VRASIDAS LEOPOULOS Productio Egieerig Sectio Natioal Techical Uiversity of Athes, Polytechioupolis Zografou, 15780 Athes

More information

This article is part of a series providing

This article is part of a series providing feature Bryce Millard ad Adrew Machi Characteristics of public sector workers SUMMARY This article presets aalysis of public sector employmet, ad makes comparisos with the private sector, usig data from

More information

Optimal Allocation of Mould Manufacturing Resources Under Manufacturing Network Environments based on a Bi-Level Programming Model

Optimal Allocation of Mould Manufacturing Resources Under Manufacturing Network Environments based on a Bi-Level Programming Model Available olie at www.ipe-olie.com Vol. 13, No. 7, November 2017, pp. 1147-1158 DOI: 10.23940/ipe.17.07.p18.11471158 Optimal Allocatio of Mould Maufacturig Resources Uder Maufacturig Network Eviromets

More information

Indice Comit 30 Ground Rules. Intesa Sanpaolo Research Department December 2017

Indice Comit 30 Ground Rules. Intesa Sanpaolo Research Department December 2017 Idice Comit 30 Groud Rules Itesa Sapaolo Research Departmet December 2017 Comit 30 idex Characteristics of the Comit 30 idex 1) Securities icluded i the idices The basket used to calculate the Comit 30

More information

Lecture 4: Parameter Estimation and Confidence Intervals. GENOME 560 Doug Fowler, GS

Lecture 4: Parameter Estimation and Confidence Intervals. GENOME 560 Doug Fowler, GS Lecture 4: Parameter Estimatio ad Cofidece Itervals GENOME 560 Doug Fowler, GS (dfowler@uw.edu) 1 Review: Probability Distributios Discrete: Biomial distributio Hypergeometric distributio Poisso distributio

More information

AUTOMATIC GENERATION OF FUZZY PAYOFF MATRIX IN GAME THEORY

AUTOMATIC GENERATION OF FUZZY PAYOFF MATRIX IN GAME THEORY AUTOMATIC GENERATION OF FUZZY PAYOFF MATRIX IN GAME THEORY Dr. Farha I. D. Al Ai * ad Dr. Muhaed Alfarras ** * College of Egieerig ** College of Coputer Egieerig ad scieces Gulf Uiversity * Dr.farha@gulfuiversity.et;

More information

Parametric Density Estimation: Maximum Likelihood Estimation

Parametric Density Estimation: Maximum Likelihood Estimation Parametric Desity stimatio: Maimum Likelihood stimatio C6 Today Itroductio to desity estimatio Maimum Likelihood stimatio Itroducto Bayesia Decisio Theory i previous lectures tells us how to desig a optimal

More information

Reinforcement Learning

Reinforcement Learning Reiforcemet Learig Ala Fer * Based i part o slides by Daiel Weld So far. Give a MDP model we kow how to fid optimal policies (for moderately-sized MDPs) Value Iteratio or Policy Iteratio Give just a simulator

More information

Subject CT5 Contingencies Core Technical. Syllabus. for the 2011 Examinations. The Faculty of Actuaries and Institute of Actuaries.

Subject CT5 Contingencies Core Technical. Syllabus. for the 2011 Examinations. The Faculty of Actuaries and Institute of Actuaries. Subject CT5 Cotigecies Core Techical Syllabus for the 2011 Examiatios 1 Jue 2010 The Faculty of Actuaries ad Istitute of Actuaries Aim The aim of the Cotigecies subject is to provide a groudig i the mathematical

More information

Proceedings of the 5th WSEAS Int. Conf. on SIMULATION, MODELING AND OPTIMIZATION, Corfu, Greece, August 17-19, 2005 (pp )

Proceedings of the 5th WSEAS Int. Conf. on SIMULATION, MODELING AND OPTIMIZATION, Corfu, Greece, August 17-19, 2005 (pp ) Proceedigs of the 5th WSEAS It. Cof. o SIMULATION, MODELING AND OPTIMIZATION, Corfu, Greece, August 7-9, 005 (pp488-49 Realized volatility estimatio: ew simulatio approach ad empirical study results JULIA

More information

Topic-7. Large Sample Estimation

Topic-7. Large Sample Estimation Topic-7 Large Sample Estimatio TYPES OF INFERENCE Ò Estimatio: É Estimatig or predictig the value of the parameter É What is (are) the most likely values of m or p? Ò Hypothesis Testig: É Decidig about

More information

Sampling Distributions and Estimation

Sampling Distributions and Estimation Cotets 40 Samplig Distributios ad Estimatio 40.1 Samplig Distributios 40. Iterval Estimatio for the Variace 13 Learig outcomes You will lear about the distributios which are created whe a populatio is

More information

. (The calculated sample mean is symbolized by x.)

. (The calculated sample mean is symbolized by x.) Stat 40, sectio 5.4 The Cetral Limit Theorem otes by Tim Pilachowski If you have t doe it yet, go to the Stat 40 page ad dowload the hadout 5.4 supplemet Cetral Limit Theorem. The homework (both practice

More information

setting up the business in sage

setting up the business in sage 3 settig up the busiess i sage Chapter itroductio Settig up a computer accoutig program for a busiess or other orgaisatio will take some time, but as log as the correct data is etered i the correct format

More information

Standard Deviations for Normal Sampling Distributions are: For proportions For means _

Standard Deviations for Normal Sampling Distributions are: For proportions For means _ Sectio 9.2 Cofidece Itervals for Proportios We will lear to use a sample to say somethig about the world at large. This process (statistical iferece) is based o our uderstadig of samplig models, ad will

More information

Online appendices from Counterparty Risk and Credit Value Adjustment a continuing challenge for global financial markets by Jon Gregory

Online appendices from Counterparty Risk and Credit Value Adjustment a continuing challenge for global financial markets by Jon Gregory Olie appedices from Couterparty Risk ad Credit Value Adjustmet a APPENDIX 8A: Formulas for EE, PFE ad EPE for a ormal distributio Cosider a ormal distributio with mea (expected future value) ad stadard

More information

Overlapping Generations

Overlapping Generations Eco. 53a all 996 C. Sims. troductio Overlappig Geeratios We wat to study how asset markets allow idividuals, motivated by the eed to provide icome for their retiremet years, to fiace capital accumulatio

More information

Calculation of the Annual Equivalent Rate (AER)

Calculation of the Annual Equivalent Rate (AER) Appedix to Code of Coduct for the Advertisig of Iterest Bearig Accouts. (31/1/0) Calculatio of the Aual Equivalet Rate (AER) a) The most geeral case of the calculatio is the rate of iterest which, if applied

More information

Twitter: @Owe134866 www.mathsfreeresourcelibrary.com Prior Kowledge Check 1) State whether each variable is qualitative or quatitative: a) Car colour Qualitative b) Miles travelled by a cyclist c) Favourite

More information

On the Set-Union Budget Scenario Problem

On the Set-Union Budget Scenario Problem 22d Iteratioal Cogress o Modellig ad Simulatio, Hobart, Tasmaia, Australia, 3 to 8 December 207 mssaz.org.au/modsim207 O the Set-Uio Budget Sceario Problem J Jagiello ad R Taylor Joit Warfare Mathematical

More information

CHAPTER 8 Estimating with Confidence

CHAPTER 8 Estimating with Confidence CHAPTER 8 Estimatig with Cofidece 8.2 Estimatig a Populatio Proportio The Practice of Statistics, 5th Editio Stares, Tabor, Yates, Moore Bedford Freema Worth Publishers Estimatig a Populatio Proportio

More information

43. A 000 par value 5-year bod with 8.0% semiaual coupos was bought to yield 7.5% covertible semiaually. Determie the amout of premium amortized i the 6 th coupo paymet. (A).00 (B).08 (C).5 (D).5 (E).34

More information

(Hypothetical) Negative Probabilities Can Speed Up Uncertainty Propagation Algorithms

(Hypothetical) Negative Probabilities Can Speed Up Uncertainty Propagation Algorithms Uiversity of Texas at El Paso DigitalCommos@UTEP Departmetal Techical Reports (CS) Departmet of Computer Sciece 2-2017 (Hypothetical) Negative Probabilities Ca Speed Up Ucertaity Propagatio Algorithms

More information

point estimator a random variable (like P or X) whose values are used to estimate a population parameter

point estimator a random variable (like P or X) whose values are used to estimate a population parameter Estimatio We have oted that the pollig problem which attempts to estimate the proportio p of Successes i some populatio ad the measuremet problem which attempts to estimate the mea value µ of some quatity

More information

Journal of Statistical Software

Journal of Statistical Software JSS Joural of Statistical Software Jue 2007, Volume 19, Issue 6. http://www.jstatsoft.org/ Ratioal Arithmetic Mathematica Fuctios to Evaluate the Oe-sided Oe-sample K-S Cumulative Samplig Distributio J.

More information

The Valuation of the Catastrophe Equity Puts with Jump Risks

The Valuation of the Catastrophe Equity Puts with Jump Risks The Valuatio of the Catastrophe Equity Puts with Jump Risks Shih-Kuei Li Natioal Uiversity of Kaohsiug Joit work with Chia-Chie Chag Outlie Catastrophe Isurace Products Literatures ad Motivatios Jump Risk

More information

Game Theory. Lecture Notes By Y. Narahari. Department of Computer Science and Automation Indian Institute of Science Bangalore, India July 2012

Game Theory. Lecture Notes By Y. Narahari. Department of Computer Science and Automation Indian Institute of Science Bangalore, India July 2012 Game Theory Lecture Notes By Y. Narahari Departmet of Computer Sciece ad Automatio Idia Istitute of Sciece Bagalore, Idia July 01 Chapter 4: Domiat Strategy Equilibria Note: This is a oly a draft versio,

More information

Control Charts for Mean under Shrinkage Technique

Control Charts for Mean under Shrinkage Technique Helderma Verlag Ecoomic Quality Cotrol ISSN 0940-5151 Vol 24 (2009), No. 2, 255 261 Cotrol Charts for Mea uder Shrikage Techique J. R. Sigh ad Mujahida Sayyed Abstract: I this paper a attempt is made to

More information

Online appendices from The xva Challenge by Jon Gregory. APPENDIX 10A: Exposure and swaption analogy.

Online appendices from The xva Challenge by Jon Gregory. APPENDIX 10A: Exposure and swaption analogy. APPENDIX 10A: Exposure ad swaptio aalogy. Sorese ad Bollier (1994), effectively calculate the CVA of a swap positio ad show this ca be writte as: CVA swap = LGD V swaptio (t; t i, T) PD(t i 1, t i ). i=1

More information

Two-Stage Flowshop Scheduling with Outsourcing Allowed. and Technology, Shanghai, Abstract

Two-Stage Flowshop Scheduling with Outsourcing Allowed. and Technology, Shanghai, Abstract , pp.245-254 http://dx.doi.org/10.14257/ijuesst.2016.9.10.23 Two-Stage Flowshop Schedulig with Outsourcig Allowed Li Li 1, Juzheg Lua 2 ad Yiche Qiu 1 1 School of Busiess, East Chia Uiversity of Sciece

More information

MODIFICATION OF HOLT S MODEL EXEMPLIFIED BY THE TRANSPORT OF GOODS BY INLAND WATERWAYS TRANSPORT

MODIFICATION OF HOLT S MODEL EXEMPLIFIED BY THE TRANSPORT OF GOODS BY INLAND WATERWAYS TRANSPORT The publicatio appeared i Szoste R.: Modificatio of Holt s model exemplified by the trasport of goods by ilad waterways trasport, Publishig House of Rzeszow Uiversity of Techology No. 85, Maagemet ad Maretig

More information

Limits of sequences. Contents 1. Introduction 2 2. Some notation for sequences The behaviour of infinite sequences 3

Limits of sequences. Contents 1. Introduction 2 2. Some notation for sequences The behaviour of infinite sequences 3 Limits of sequeces I this uit, we recall what is meat by a simple sequece, ad itroduce ifiite sequeces. We explai what it meas for two sequeces to be the same, ad what is meat by the -th term of a sequece.

More information

Linear Programming for Portfolio Selection Based on Fuzzy Decision-Making Theory

Linear Programming for Portfolio Selection Based on Fuzzy Decision-Making Theory The Teth Iteratioal Symposium o Operatios Research ad Its Applicatios (ISORA 2011 Duhuag, Chia, August 28 31, 2011 Copyright 2011 ORSC & APORC, pp. 195 202 Liear Programmig for Portfolio Selectio Based

More information

CHAPTER 3 RESEARCH METHODOLOGY. Chaigusin (2011) mentioned that stock markets have different

CHAPTER 3 RESEARCH METHODOLOGY. Chaigusin (2011) mentioned that stock markets have different 20 CHAPTER 3 RESEARCH METHODOLOGY Chaigusi (2011) metioed that stock markets have differet characteristics, depedig o the ecoomies omie they are relateded to, ad, varyig from time to time, a umber of o-trivial

More information

A random variable is a variable whose value is a numerical outcome of a random phenomenon.

A random variable is a variable whose value is a numerical outcome of a random phenomenon. The Practice of Statistics, d ed ates, Moore, ad Stares Itroductio We are ofte more iterested i the umber of times a give outcome ca occur tha i the possible outcomes themselves For example, if we toss

More information

Mine Closure Risk Assessment A living process during the operation

Mine Closure Risk Assessment A living process during the operation Tailigs ad Mie Waste 2017 Baff, Alberta, Caada Mie Closure Risk Assessmet A livig process durig the operatio Cristiá Marambio Golder Associates Closure chroology Chilea reality Gov. 1997 Evirometal basis

More information

STRAND: FINANCE. Unit 3 Loans and Mortgages TEXT. Contents. Section. 3.1 Annual Percentage Rate (APR) 3.2 APR for Repayment of Loans

STRAND: FINANCE. Unit 3 Loans and Mortgages TEXT. Contents. Section. 3.1 Annual Percentage Rate (APR) 3.2 APR for Repayment of Loans CMM Subject Support Strad: FINANCE Uit 3 Loas ad Mortgages: Text m e p STRAND: FINANCE Uit 3 Loas ad Mortgages TEXT Cotets Sectio 3.1 Aual Percetage Rate (APR) 3.2 APR for Repaymet of Loas 3.3 Credit Purchases

More information

An Empirical Study of the Behaviour of the Sample Kurtosis in Samples from Symmetric Stable Distributions

An Empirical Study of the Behaviour of the Sample Kurtosis in Samples from Symmetric Stable Distributions A Empirical Study of the Behaviour of the Sample Kurtosis i Samples from Symmetric Stable Distributios J. Marti va Zyl Departmet of Actuarial Sciece ad Mathematical Statistics, Uiversity of the Free State,

More information

We learned: $100 cash today is preferred over $100 a year from now

We learned: $100 cash today is preferred over $100 a year from now Recap from Last Week Time Value of Moey We leared: $ cash today is preferred over $ a year from ow there is time value of moey i the form of willigess of baks, busiesses, ad people to pay iterest for its

More information

ii. Interval estimation:

ii. Interval estimation: 1 Types of estimatio: i. Poit estimatio: Example (1) Cosider the sample observatios 17,3,5,1,18,6,16,10 X 8 X i i1 8 17 3 5 118 6 16 10 8 116 8 14.5 14.5 is a poit estimate for usig the estimator X ad

More information

14.30 Introduction to Statistical Methods in Economics Spring 2009

14.30 Introduction to Statistical Methods in Economics Spring 2009 MIT OpeCourseWare http://ocwmitedu 430 Itroductio to Statistical Methods i Ecoomics Sprig 009 For iformatio about citig these materials or our Terms of Use, visit: http://ocwmitedu/terms 430 Itroductio

More information

LESSON #66 - SEQUENCES COMMON CORE ALGEBRA II

LESSON #66 - SEQUENCES COMMON CORE ALGEBRA II LESSON #66 - SEQUENCES COMMON CORE ALGEBRA II I Commo Core Algebra I, you studied sequeces, which are ordered lists of umbers. Sequeces are extremely importat i mathematics, both theoretical ad applied.

More information

Institute of Actuaries of India Subject CT5 General Insurance, Life and Health Contingencies

Institute of Actuaries of India Subject CT5 General Insurance, Life and Health Contingencies Istitute of Actuaries of Idia Subject CT5 Geeral Isurace, Life ad Health Cotigecies For 2017 Examiatios Aim The aim of the Cotigecies subject is to provide a groudig i the mathematical techiques which

More information

Combining imperfect data, and an introduction to data assimilation Ross Bannister, NCEO, September 2010

Combining imperfect data, and an introduction to data assimilation Ross Bannister, NCEO, September 2010 Combiig imperfect data, ad a itroductio to data assimilatio Ross Baister, NCEO, September 00 rbaister@readigacuk The probability desity fuctio (PDF prob that x lies betwee x ad x + dx p (x restrictio o

More information

Risk Assessment for Project Plan Collapse

Risk Assessment for Project Plan Collapse 518 Proceedigs of the 8th Iteratioal Coferece o Iovatio & Maagemet Risk Assessmet for Project Pla Collapse Naoki Satoh 1, Hiromitsu Kumamoto 2, Norio Ohta 3 1. Wakayama Uiversity, Wakayama Uiv., Sakaedai

More information

Today: Finish Chapter 9 (Sections 9.6 to 9.8 and 9.9 Lesson 3)

Today: Finish Chapter 9 (Sections 9.6 to 9.8 and 9.9 Lesson 3) Today: Fiish Chapter 9 (Sectios 9.6 to 9.8 ad 9.9 Lesso 3) ANNOUNCEMENTS: Quiz #7 begis after class today, eds Moday at 3pm. Quiz #8 will begi ext Friday ad ed at 10am Moday (day of fial). There will be

More information

NPTEL DEPARTMENT OF INDUSTRIAL AND MANAGEMENT ENGINEERING IIT KANPUR QUANTITATIVE FINANCE END-TERM EXAMINATION (2015 JULY-AUG ONLINE COURSE)

NPTEL DEPARTMENT OF INDUSTRIAL AND MANAGEMENT ENGINEERING IIT KANPUR QUANTITATIVE FINANCE END-TERM EXAMINATION (2015 JULY-AUG ONLINE COURSE) NPTEL DEPARTMENT OF INDUSTRIAL AND MANAGEMENT ENGINEERING IIT KANPUR QUANTITATIVE FINANCE END-TERM EXAMINATION (2015 JULY-AUG ONLINE COURSE) READ THE INSTRUCTIONS VERY CAREFULLY 1) Time duratio is 2 hours

More information

INTERVAL GAMES. and player 2 selects 1, then player 2 would give player 1 a payoff of, 1) = 0.

INTERVAL GAMES. and player 2 selects 1, then player 2 would give player 1 a payoff of, 1) = 0. INTERVAL GAMES ANTHONY MENDES Let I ad I 2 be itervals of real umbers. A iterval game is played i this way: player secretly selects x I ad player 2 secretly ad idepedetly selects y I 2. After x ad y are

More information

Policy Improvement for Repeated Zero-Sum Games with Asymmetric Information

Policy Improvement for Repeated Zero-Sum Games with Asymmetric Information Policy Improvemet for Repeated Zero-Sum Games with Asymmetric Iformatio Malachi Joes ad Jeff S. Shamma Abstract I a repeated zero-sum game, two players repeatedly play the same zero-sum game over several

More information

Neighboring Optimal Solution for Fuzzy Travelling Salesman Problem

Neighboring Optimal Solution for Fuzzy Travelling Salesman Problem Iteratioal Joural of Egieerig Research ad Geeral Sciece Volume 2, Issue 4, Jue-July, 2014 Neighborig Optimal Solutio for Fuzzy Travellig Salesma Problem D. Stephe Digar 1, K. Thiripura Sudari 2 1 Research

More information

Effective components on the forecast of companies dividends using hybrid neural network and binary algorithm model

Effective components on the forecast of companies dividends using hybrid neural network and binary algorithm model Idia Joural of Sciece ad Techology Vol. 5 No. 9 (Sep. ) ISSN: 974-6846 Effective compoets o the forecast of compaies divideds usig hybrid eural etwork ad biary algorithm model Mahdi Salehi *, Behad Karda

More information

Faculdade de Economia da Universidade de Coimbra

Faculdade de Economia da Universidade de Coimbra Faculdade de Ecoomia da Uiversidade de Coimbra Grupo de Estudos Moetários e Fiaceiros (GEMF) Av. Dias da Silva, 65 300-5 COIMBRA, PORTUGAL gemf@fe.uc.pt http://www.uc.pt/feuc/gemf PEDRO GODINHO Estimatig

More information

Using Math to Understand Our World Project 5 Building Up Savings And Debt

Using Math to Understand Our World Project 5 Building Up Savings And Debt Usig Math to Uderstad Our World Project 5 Buildig Up Savigs Ad Debt Note: You will have to had i aswers to all umbered questios i the Project Descriptio See the What to Had I sheet for additioal materials

More information

Inferential Statistics and Probability a Holistic Approach. Inference Process. Inference Process. Chapter 8 Slides. Maurice Geraghty,

Inferential Statistics and Probability a Holistic Approach. Inference Process. Inference Process. Chapter 8 Slides. Maurice Geraghty, Iferetial Statistics ad Probability a Holistic Approach Chapter 8 Poit Estimatio ad Cofidece Itervals This Course Material by Maurice Geraghty is licesed uder a Creative Commos Attributio-ShareAlike 4.0

More information

FOUNDATION ACTED COURSE (FAC)

FOUNDATION ACTED COURSE (FAC) FOUNDATION ACTED COURSE (FAC) What is the Foudatio ActEd Course (FAC)? FAC is desiged to help studets improve their mathematical skills i preparatio for the Core Techical subjects. It is a referece documet

More information

SUPPLEMENTAL MATERIAL

SUPPLEMENTAL MATERIAL A SULEMENTAL MATERIAL Theorem (Expert pseudo-regret upper boud. Let us cosider a istace of the I-SG problem ad apply the FL algorithm, where each possible profile A is a expert ad receives, at roud, a

More information

r i = a i + b i f b i = Cov[r i, f] The only parameters to be estimated for this model are a i 's, b i 's, σe 2 i

r i = a i + b i f b i = Cov[r i, f] The only parameters to be estimated for this model are a i 's, b i 's, σe 2 i The iformatio required by the mea-variace approach is substatial whe the umber of assets is large; there are mea values, variaces, ad )/2 covariaces - a total of 2 + )/2 parameters. Sigle-factor model:

More information

The Communication Complexity of Coalition Formation among Autonomous Agents

The Communication Complexity of Coalition Formation among Autonomous Agents The Commuicatio Complexity of Coalitio Formatio amog Autoomous Agets Ariel D. Procaccia Jeffrey S. Roseschei School of Egieerig ad Computer Sciece The Hebrew Uiversity of Jerusalem Jerusalem, Israel {arielpro,

More information

DESCRIPTION OF MATHEMATICAL MODELS USED IN RATING ACTIVITIES

DESCRIPTION OF MATHEMATICAL MODELS USED IN RATING ACTIVITIES July 2014, Frakfurt am Mai. DESCRIPTION OF MATHEMATICAL MODELS USED IN RATING ACTIVITIES This documet outlies priciples ad key assumptios uderlyig the ratig models ad methodologies of Ratig-Agetur Expert

More information

An Empirical Study on the Contribution of Foreign Trade to the Economic Growth of Jiangxi Province, China

An Empirical Study on the Contribution of Foreign Trade to the Economic Growth of Jiangxi Province, China usiess, 21, 2, 183-187 doi:1.4236/ib.21.2222 Published Olie Jue 21 (http://www.scirp.org/joural/ib) 183 A Empirical Study o the Cotributio of Foreig Trade to the Ecoomic Growth of Jiagxi Provice, Chia

More information

On the Methods of Decision Making under Uncertainty with Probability Information

On the Methods of Decision Making under Uncertainty with Probability Information http://www.paper.edu.c O the Methods of Decisio Makig uder Ucertaity with Probability Iformatio Xiwag Liu* School of Ecoomics ad Maagemet, Southeast Uiversity, Najig 210096, Chia By cosiderig the decisio

More information

Chapter 5: Sequences and Series

Chapter 5: Sequences and Series Chapter 5: Sequeces ad Series 1. Sequeces 2. Arithmetic ad Geometric Sequeces 3. Summatio Notatio 4. Arithmetic Series 5. Geometric Series 6. Mortgage Paymets LESSON 1 SEQUENCES I Commo Core Algebra I,

More information

Quantitative Analysis

Quantitative Analysis EduPristie www.edupristie.com Modellig Mea Variace Skewess Kurtosis Mea: X i = i Mode: Value that occurs most frequetly Media: Midpoit of data arraged i ascedig/ descedig order s Avg. of squared deviatios

More information

Marking Estimation of Petri Nets based on Partial Observation

Marking Estimation of Petri Nets based on Partial Observation Markig Estimatio of Petri Nets based o Partial Observatio Alessadro Giua ( ), Jorge Júlvez ( ) 1, Carla Seatzu ( ) ( ) Dip. di Igegeria Elettrica ed Elettroica, Uiversità di Cagliari, Italy {giua,seatzu}@diee.uica.it

More information

III. RESEARCH METHODS. Riau Province becomes the main area in this research on the role of pulp

III. RESEARCH METHODS. Riau Province becomes the main area in this research on the role of pulp III. RESEARCH METHODS 3.1 Research Locatio Riau Provice becomes the mai area i this research o the role of pulp ad paper idustry. The decisio o Riau Provice was supported by several facts: 1. The largest

More information

Advisors and indicators based on the SSA models and non-linear generalizations. А.М. Аvdeenko

Advisors and indicators based on the SSA models and non-linear generalizations. А.М. Аvdeenko Advisors ad idicators based o the SSA models ad o-liear geeralizatios А.М. Аvdeeko The Natioal Research Techological Uiversit, Moscow, Russia 119049, Moscow, Leisk prospekt, 4 e-mail: aleksei-avdeek@mail.ru

More information

New Distance and Similarity Measures of Interval Neutrosophic Sets

New Distance and Similarity Measures of Interval Neutrosophic Sets New Distace ad Similarity Measures of Iterval Neutrosophic Sets Said Broumi Abstract: I this paper we proposed a ew distace ad several similarity measures betwee iterval eutrosophic sets. Keywords: Neutrosophic

More information

BUSINESS PLAN IMMUNE TO RISKY SITUATIONS

BUSINESS PLAN IMMUNE TO RISKY SITUATIONS BUSINESS PLAN IMMUNE TO RISKY SITUATIONS JOANNA STARCZEWSKA, ADVISORY BUSINESS SOLUTIONS MANAGER RISK CENTER OF EXCELLENCE EMEA/AP ATHENS, 13TH OF MARCH 2015 FINANCE CHALLENGES OF MANY FINANCIAL DEPARTMENTS

More information

Math 124: Lecture for Week 10 of 17

Math 124: Lecture for Week 10 of 17 What we will do toight 1 Lecture for of 17 David Meredith Departmet of Mathematics Sa Fracisco State Uiversity 2 3 4 April 8, 2008 5 6 II Take the midterm. At the ed aswer the followig questio: To be revealed

More information

Estimating Forward Looking Distribution with the Ross Recovery Theorem

Estimating Forward Looking Distribution with the Ross Recovery Theorem roceedigs of the Asia acific Idustrial Egieerig & Maagemet Systems Coferece 5 Estimatig Forward Lookig Distributio with the Ross Recovery Theorem Takuya Kiriu Graduate School of Sciece ad Techology Keio

More information

2.6 Rational Functions and Their Graphs

2.6 Rational Functions and Their Graphs .6 Ratioal Fuctios ad Their Graphs Sectio.6 Notes Page Ratioal Fuctio: a fuctio with a variable i the deoiator. To fid the y-itercept for a ratioal fuctio, put i a zero for. To fid the -itercept for a

More information

Production planning optimization in the wood remanufacturing mills using multi-stage stochastic programming

Production planning optimization in the wood remanufacturing mills using multi-stage stochastic programming roductio plaig oimizatio i the wood remaufacturig mills usig multi-stage stochastic programmig Rezva Rafiei 1, Luis Atoio De Sata-Eulalia 1, Mustapha Nourelfath 2 1 Faculté d admiistratio, Uiversité de

More information

NORMALIZATION OF BEURLING GENERALIZED PRIMES WITH RIEMANN HYPOTHESIS

NORMALIZATION OF BEURLING GENERALIZED PRIMES WITH RIEMANN HYPOTHESIS Aales Uiv. Sci. Budapest., Sect. Comp. 39 2013) 459 469 NORMALIZATION OF BEURLING GENERALIZED PRIMES WITH RIEMANN HYPOTHESIS We-Bi Zhag Chug Ma Pig) Guagzhou, People s Republic of Chia) Dedicated to Professor

More information

Notes on Expected Revenue from Auctions

Notes on Expected Revenue from Auctions Notes o Epected Reveue from Auctios Professor Bergstrom These otes spell out some of the mathematical details about first ad secod price sealed bid auctios that were discussed i Thursday s lecture You

More information

Annual compounding, revisited

Annual compounding, revisited Sectio 1.: No-aual compouded iterest MATH 105: Cotemporary Mathematics Uiversity of Louisville August 2, 2017 Compoudig geeralized 2 / 15 Aual compoudig, revisited The idea behid aual compoudig is that

More information

SETTING GATES IN THE STOCHASTIC PROJECT SCHEDULING PROBLEM USING CROSS ENTROPY

SETTING GATES IN THE STOCHASTIC PROJECT SCHEDULING PROBLEM USING CROSS ENTROPY 19 th Iteratioal Coferece o Productio Research SETTING GATES IN THE STOCHASTIC PROJECT SCHEDULING PROBLEM USING CROSS ENTROPY I. Bedavid, B. Golay Faculty of Idustrial Egieerig ad Maagemet, Techio Israel

More information

Driver s. 1st Gear: Determine your asset allocation strategy.

Driver s. 1st Gear: Determine your asset allocation strategy. Delaware North 401(k) PLAN The Driver s Guide The fial step o your road to erollig i the Delaware North 401(k) Pla. At this poit, you re ready to take the wheel ad set your 401(k) i motio. Now all that

More information

Bayes Estimator for Coefficient of Variation and Inverse Coefficient of Variation for the Normal Distribution

Bayes Estimator for Coefficient of Variation and Inverse Coefficient of Variation for the Normal Distribution Iteratioal Joural of Statistics ad Systems ISSN 0973-675 Volume, Number 4 (07, pp. 7-73 Research Idia Publicatios http://www.ripublicatio.com Bayes Estimator for Coefficiet of Variatio ad Iverse Coefficiet

More information

When you click on Unit V in your course, you will see a TO DO LIST to assist you in starting your course.

When you click on Unit V in your course, you will see a TO DO LIST to assist you in starting your course. UNIT V STUDY GUIDE Percet Notatio Course Learig Outcomes for Uit V Upo completio of this uit, studets should be able to: 1. Write three kids of otatio for a percet. 2. Covert betwee percet otatio ad decimal

More information

Chapter 4 - Consumer. Household Demand and Supply. Solving the max-utility problem. Working out consumer responses. The response function

Chapter 4 - Consumer. Household Demand and Supply. Solving the max-utility problem. Working out consumer responses. The response function Almost essetial Cosumer: Optimisatio Chapter 4 - Cosumer Osa 2: Household ad supply Cosumer: Welfare Useful, but optioal Firm: Optimisatio Household Demad ad Supply MICROECONOMICS Priciples ad Aalysis

More information

A Technical Description of the STARS Efficiency Rating System Calculation

A Technical Description of the STARS Efficiency Rating System Calculation A Techical Descriptio of the STARS Efficiecy Ratig System Calculatio The followig is a techical descriptio of the efficiecy ratig calculatio process used by the Office of Superitedet of Public Istructio

More information

Research on the Risk Management Model of Development Finance in China

Research on the Risk Management Model of Development Finance in China 486 Proceedigs of the 8th Iteratioal Coferece o Iovatio & Maagemet Research o the Ris Maagemet Model of Developmet Fiace i Chia Zou Huixia, Jiag Ligwei Ecoomics ad Maagemet School, Wuha Uiversity, Wuha,

More information