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Offline Multi-Action Policy Learning: Generalization and Optimization

Zhengyuan Zhou, Susan Athey, Stefan Wager

arXiv 10 Oct 2018 · Statistics — Machine Learning

arXiv:1810.04778 · PDF · Extracted main text

Abstract

In many settings, a decision-maker wishes to learn a rule, or policy, that maps from observable characteristics of an individual to an action. Examples include selecting offers, prices, advertisements, or emails to send to consumers, as well as the problem of determining which medication to prescribe to a patient. While there is a growing body of literature devoted to this problem, most existing results are focused on the case where data comes from a randomized experiment, and further, there are only two possible actions, such as giving a drug to a patient or not. In this paper, we study the offline multi-action policy learning problem with observational data and where the policy may need to respect budget constraints or belong to a restricted policy class such as decision trees. We build on the theory of efficient semi-parametric inference in order to propose and implement a policy learning algorithm that achieves asymptotically minimax-optimal regret. To the best of our knowledge, this is the first result of this type in the multi-action setup, and it provides a substantial performance improvement over the existing learning algorithms. We then consider additional computational challenges that arise in implementing our method for the case where the policy is restricted to take the form of a decision tree. We propose two different approaches, one using a mixed integer program formulation and the other using a tree-search based algorithm.

Citation extraction

74
references
175
in-text mentions
74
distinct cited
5
self-citations
38,185
main-text words

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Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1Swaminathan, Adith, Thorsten Joachims (2015) Batch learning from logged bandit feedback through counterfactual risk minimization1.000124100%
2Athey, Susan, Stefan Wager (2017) Efficient policy learning self1.000123100%
3Kitagawa, Toru, Aleksey Tetenov (2018) Who should be treated? empirical welfare maximization methods for treatment choice1.000113100%
4Kallus, Nathan (2018) Balanced policy evaluation and learning1.00093100%
5Zhang, Baqun, Anastasios A Tsiatis, Marie Davidian, Min Zhang, Eric… (2012) Estimating optimal treatment regimes from a classification perspective1.00084100%
6Dudḱ, Miroslav, John Langford, Lihong Li (2011) Doubly robust policy evaluation and learning1.00083100%
7Zhao, Yingqi, Donglin Zeng, A John Rush, Michael R Kosorok (2012) Estimating individualized treatment rules using outcome weighted learning1.00073100%
8Zhao, Ying-Qi, Donglin Zeng, Eric B Laber, Rui Song, Ming Yuan, Mich… (2014) Doubly robust learning for estimating individualized treatment with censored data1.00073100%
9Zhou, Xin, Nicole Mayer-Hamblett, Umer Khan, Michael R Kosorok (2017) Residual weighted learning for estimating individualized treatment rules1.00063100%
10Bertsimas, Dimitris, Jack Dunn (2017) Optimal classification trees0.87462100%

Showing the top 10 of 74 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Policy Learning with Adaptively Collected Data1.000105
2Optimal Targeting in Fundraising: A Causal Machine-Learning Approach1.00054
3Distributionally Robust Policy Learning with Wasserstein Distance0.92843
4Policy Learning under Unobserved Confounding: A Robust and Efficient Approach0.92843
5Fair Policy Targeting0.874125
6Off-Policy Exploitability-Evaluation in Two-Player Zero-Sum Markov Games0.874125
7Statistical Inference of Optimal Allocations 1: Regularities and their Implications0.87472
8Policy Learning with Observational Data : The Case of Hepatitis C Treatment for HIV/HCV Co-Infected Patients0.87472
9Individualized Policy Evaluation and Learning under Clustered Network Interference0.85585
10Sequential Learning of Optimal Dynamic Treatment Regimes with Observational Data0.822186