154 citations · 473 across the 12 of their papers we have counts for
4 papers · 1 filter
Risk Aversion in Finite Markov Decision Processes Using Total Cost Criteria and Average Value at Risk
Stefano Carpin, Yin-Lam Chow, Marco Pavone
In this paper we present an algorithm to compute risk averse policies in Markov Decision Processes (MDP) when the total cost criterion is used together with the average value at ri…
Robust Policy Optimization with Baseline Guarantees
Yinlam Chow, Marek Petrik, Mohammad Ghavamzadeh
Our goal is to compute a policy that guarantees improved return over a baseline policy even when the available MDP model is inaccurate. The inaccurate model may be constructed, for…
Control of Generalized Energy Storage Networks
Junjie Qin, Yinlam Chow, Jiyan Yang +1
The integration of intermittent and volatile renewable energy resources requires increased flexibility in the operation of the electric grid. Storage, broadly speaking, provides th…
A Time Consistent Formulation of Risk Constrained Stochastic Optimal Control
Yinlam Chow, Marco Pavone
Time-consistency is an essential requirement in risk sensitive optimal control problems to make rational decisions. An optimization problem is time consistent if its solution polic…