3min chapter

The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence) cover image

Trends in Deep Reinforcement Learning with Kamyar Azizzadenesheli - #560

The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence)

CHAPTER

How to Maximize the Prospect Theory?

In insurance premium design, there are people who talk about some risk functional called distorted rist functional. It just takes different part of the quantile and distortid in como withte and then do the expectation of that distorted reward. So i don't care what is tyhe expected value you are going to make if you are going To lose, means the ten percent lower quantile. What is the expected value there? This is another thing that peopleall use. The worst condition af value at risk, the sivar. Condition at risk: S condition anthat you are in lower ten % of quantile. These are the things my company cares about. My company might also care

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