Expected Utility Networks

  title={Expected Utility Networks},
  author={Pierfrancesco La Mura and Yoav Shoham},
We introduce a new class of graphical representations, expected utility networks (EUNs), and discuss some of its properties and potential applications to artificial intelli­ gence and economic theory. In EUNs not only probabilities, but also util­ ities enjoy a modular representation. EUNs are undirected graphs with two types of arc, representing probability and utility depen­ dencies respectively. The representation of utilities is based on a novel notion of con­ ditional utility independence… CONTINUE READING
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