Building on , this volume on Optimization and Decision Making covers a range of algorithms and their applications. Like the first volume, it provides a starting point for machine learning enthusiasts as a comprehensive guide on classical optimization methods. It also provides an in-depth overview on how artificial intelligence can be used to define, disprove or validate economic modeling and decision making concepts.

Intelligent machines are populating our social, economic and political spaces. These intelligent machines are powered by Artificial Intelligence technologies such as deep learning. They are used in decision making. One element of decision making is the issue of rationality. Regulations such as the General Data Protection Regulation (GDPR) require that decisions that are made by these intelligent machines are explainable. Rational Machines and Artificial Intelligence proposes that explainable decisions are good but the explanation must be rational to prevent these decisions from being challenged. Noted author Tshilidzi Marwala studies the concept of machine rationality and compares this to the rationality bounds prescribed by Nobel Laureate Herbert Simon and rationality bounds derived from the work of Nobel Laureates Richard Thaler and Daniel Kahneman. Rational Machines and Artificial Intelligence describes why machine rationality is flexibly bounded due to advances in technology. This effectively means that optimally designed machines are more rational than human beings. Readers will also learn whether machine rationality can be quantified and identify how this can be achieved. Furthermore, the author discusses whether machine rationality is subjective. Finally, the author examines whether a population of intelligent machines collectively make more rational decisions than individual machines. Examples in biomedical engineering, social sciences and the financial sectors are used to illustrate these concepts. Provides an introduction to the key questions and challenges surrounding Rational Machines, including, When do we rely on decisions made by intelligent machines? What do decisions made by intelligent machines mean? Are these decisions rational or fair? Can we quantify these decisions? and Is rationality subjective? Introduces for the first time the concept of rational opportunity costs and the concept of flexibly bounded rationality as a rationality of intelligent machines and the implications of these issues on the reliability of machine decisions Includes coverage of Rational Counterfactuals, group versus individual rationality, and rational markets Discusses the application of Moore’s Law and advancements in Artificial Intelligence, as well as developments in the area of data acquisition and analysis technologies and how they affect the boundaries of intelligent machine rationality

This book explores how AI and mechanism design can provide a new framework for international politics. The international political system is all manners in which countries, governments and people relate. Mechanism design in international politics relates to identifying rules that define relationships between people and countries that achieve a particular outcome, e.g., peace or more trade or democracy or economic development. Artificial intelligence is technique of making machines intelligent. This book explores mechanism design and artificial intelligence in international politics and applies these technologies to politics, economy and society. This book will be of interest to scholars of international relations, politics, sustainable development, and artificial intelligence.

Artificial Intelligence and Emerging Technologies in International Relations explores the geopolitics between technology and international relations. Through a focus on war, trade, investment flows, diplomacy, regional integration and development cooperation, this book takes a holistic perspective to examine the origins of technology, analysing its current manifestations in the contemporary world. The authors present the possible future roles of artificial intelligence (AI) and other emerging technologies (including blockchain, 3D printing, 5G connectivity and the Internet of Things) in the context of global arena.This book is essential reading to all who seek to understand the reality of the inequitable distribution of these game-changing technologies that are shaping the world. Research questions as well as some policy options for the developing world are explored and the authors make the case for cooperation by the international community as we enter the fourth industrial revolution.

This book lays a new foundation toward achieving artificial self-intelligence by future machines such as intelligent vehicles. Its chapters provide a broad coverage to the three key modules behind the design and development of intelligent vehicles for the ultimate purpose of actively ensuring driving safety as well as preventing accidents from all possible causes. Self-contained and unified in presentation, the book explains in details the fundamental solutions of vehicle's perception, vehicle's decision-making, and vehicle's action-taking in a pedagogic order.Besides the fundamental knowledge and concepts of intelligent vehicle's perception, decision and action, this book includes a comprehensive set of real-life application scenarios in which intelligent vehicles will play a major role or contribution. These case studies of real-life applications will help motivate students to learn this exciting subject. With concise and simple explanations, and boasting a rich set of graphical illustrations, the book is an invaluable source for both undergraduate and postgraduate courses, on artificial intelligence, intelligent vehicle, and robotics, which are offered in automotive engineering, computer engineering, electronic engineering, and mechanical engineering. In addition, the book will help strengthen the knowledge and skills of young researchers who want to venture into the research and development of artificial self-intelligence for intelligent vehicles of the future.Related Link(s)

Advanced Machine Learning Techniques includes the theoretical foundations of modern machine learning, as well as advanced methods and frameworks used in modern machine learning. Handbook of HydroInformatics, Volume II: Advanced Machine Learning Techniques presents both the art of designing good learning algorithms, as well as the science of analyzing an algorithm's computational and statistical properties and performance guarantees. The global contributors cover theoretical foundational topics such as computational and statistical convergence rates, minimax estimation, and concentration of measure as well as advanced machine learning methods, such as nonparametric density estimation, nonparametric regression, and Bayesian estimation; additionally, advanced frameworks such as privacy, causality, and stochastic learning algorithms are also included. Lastly, the volume presents Cloud and Cluster Computing, Data Fusion Techniques, Empirical Orthogonal Functions and Teleconnection, Internet of Things, Kernel-Based Modeling, Large Eddy Simulation, Patter Recognition, Uncertainty-Based Resiliency Evaluation, and Volume-Based Inverse Mode. This is an interdisciplinary book, and the audience includes postgraduates and early-career researchers interested in: Computer Science, Mathematical Science, Applied Science, Earth and Geoscience, Geography, Civil Engineering, Engineering, Water Science, Atmospheric Science, Social Science, Environment Science, Natural Resources, Chemical Engineering. - Key insights from 24 contributors in the fields of data management research, climate change and resilience, insufficient data problem, etc. - Offers applied examples and case studies in each chapter, providing the reader with real world scenarios for comparison. - Defines both the designing of good learning algorithms, as well as the science of analyzing an algorithm's computational and statistical properties and performance guarantees.

This volume brings together the main results in the field of Bayesian Optimization (BO), focusing on the last ten years and showing how, on the basic framework, new methods have been specialized to solve emerging problems from machine learning, artificial intelligence, and system optimization. It also analyzes the software resources available for BO and a few selected application areas. Some areas for which new results are shown include constrained optimization, safe optimization, and applied mathematics, specifically BO's use in solving difficult nonlinear mixed integer problems. The book will help bring readers to a full understanding of the basic Bayesian Optimization framework and gain an appreciation of its potential for emerging application areas. It will be of particular interest to the data science, computer science, optimization, and engineering communities.