Value Functions
Value functions play a critical role in reinforcement learning (RL) by estimating the expected return from being in a given state or taking a particular action. They consist of two primary types: the state-value function, denoted as V(s), and the action-value function, denoted as Q(s, a).
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State-Value Function (V(s)): This function provides the expected return starting from state s while following policy π. It answers the question: "If I’m in state s, how good is it for me to be here?" This helps agents to understand the desirability of various states in the context of the defined policy.
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Action-Value Function (Q(s, a)): In contrast, this function evaluates the expected return starting from state s, taking action a, and then following policy π. This helps in determining which actions are preferable when in a certain state.
Understanding these functions allows agents to effectively evaluate and refine their policies over time, ultimately working towards maximizing their cumulative rewards. The ability to estimate the value of states and actions is vital for decision-making within dynamic environments.