## Risk-Sensitive Variational Bayes: Formulations and Bounds

We study data-driven decision-making problems in a parametrized Bayesian framework. We adopt a risk-sensitive approach to modeling the interplay between statistical estimation of parameters and optimization, by computing a risk measure over a loss/disutility function with respect to the posterior distribution over the parameters. While this forms the standard Bayesian decision-theoretic approach, we focus on … Read more