Dynamic exploration designs for graphical models using clustering with applications to petroleum exploration

@article{Martinelli2014DynamicED,
  title={Dynamic exploration designs for graphical models using clustering with applications to petroleum exploration},
  author={Gabriele Martinelli and Jo Eidsvik},
  journal={Knowl.-Based Syst.},
  year={2014},
  volume={58},
  pages={113-126}
}
The paper considers the problem of optimal sequential design for graphical models. The joint probability model for all node variables is considered known. As data is collected, this probability model is updated. The sequential design problem entails a dynamic selection of nodes for data collection. The goal is to maximize utility, here defined via entropy or total profit. With a large number of nodes, the optimal solution to this selection problem is not tractable. Here, an approximation based… CONTINUE READING
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