2 papers
math.NA2019
Multilevel Monte Carlo estimation of the expected value of sample information
Tomohiko Hironaka, Michael B. Giles, Takashi Goda +1
We study Monte Carlo estimation of the expected value of sample information (EVSI) which measures the expected benefit of gaining additional information for decision making under u…
stat.CO2018
Multilevel Monte Carlo estimation of expected information gains
Takashi Goda, Tomohiko Hironaka, Takeru Iwamoto
The expected information gain is an important quality criterion of Bayesian experimental designs, which measures how much the information entropy about uncertain quantity of intere…