Core Concepts
Tail risk measures, such as Value-at-Risk, Conditional Value-at-Risk, and Entropic Value-at-Risk, provide a systematic approach to quantifying and managing risk in robotic planning, control, and verification tasks. By focusing on rare but high-consequence events, these measures enable robots to balance performance and safety under uncertainty.
Abstract
The content provides an introduction to the use of tail risk measures in robotics, covering the following key points:
Limitations of the risk-neutral and worst-case paradigms in robotics: Risk-neutral approaches focus on average-case performance, while worst-case approaches can be overly conservative. Tail risk measures offer a middle ground, accounting for rare but high-impact events.
Definitions and properties of tail risk measures: The article defines key tail risk measures like Value-at-Risk, Conditional Value-at-Risk, and Entropic Value-at-Risk, highlighting their coherence properties and ability to capture extreme outcomes.
Risk-aware behavior planning: The content discusses how tail risk measures can be incorporated into Markov Decision Processes (MDPs) to find optimal risk-aware policies, considering both discounted and undiscounted (total cost) formulations.
Risk-aware motion planning and control: The article reviews how tail risk measures can be integrated into optimization-based motion planning and model predictive control (MPC) frameworks, enabling robots to navigate uncertain environments while accounting for safety and performance trade-offs.
Risk-aware verification: The importance of considering tail risk in the verification of robotic systems is highlighted, with an introduction to methods for safety-critical controller verification using tail risk measures.
The summary provides a comprehensive overview of the role of tail risk measures in enhancing the safety and reliability of autonomous robotic systems operating in complex, uncertain environments.