# Estimating the Value of Computation in Flexible Information Refinement

In Proceedings of the 15th Conference
on Uncertainty in Artificial Intelligence (UAI-99),
Stockholm, Sweden. July 1999.
### Abstract

We outline a method to estimate the value of computation for a flexible
algorithm using empirical data. To determine a reasonable trade-off
between cost and value, we build an empirical model of the value
obtained through computation, and apply this model to estimate the
value of computation for quite different problems. In particular, we
investigate this trade-off for the problem of constructing policies for
decision problems represented as influence diagrams. We show how two
features of our anytime algorithm provide reasonable estimates of the
value of computation in this domain.
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