ࡾ୐ ༔հ1,2ɺ็ ߃ݑ3 1. Pepabo R&D Institute, GMO Pepabo, Inc., 2. ۝भେֶ େֶӃγεςϜ৘ใՊֶ෎ ৘ใ஌ೳ޻ֶઐ߈ 3. ۝भେֶ େֶӃγεςϜ৘ใՊֶݚڀӃ ৘ใ஌ೳ޻ֶ෦໳ 2021.12.17 ARG ୈ17ճWebΠϯςϦδΣϯεͱΠϯλϥΫγϣϯݚڀձ Ծ૝తͳ୳ࡧΛ༻͍ͯ จ຺΍࣌ؒͷܦաʹΑΔ൪ڰΘͤʹ΋ ਝ଎ʹ௥ै͢Δଟ࿹όϯσΟοτख๏

1. ͸͡Ίʹ 2. ଟ࿹όϯσΟοτ໰୊ʹ͓͚Δ൪ڰΘͤͱɺͦͷ՝୊ 3. ఏҊख๏ 4. ධՁ 5. ͓ΘΓʹ 2 ໨࣍

1. ͸͡Ίʹ

• దԠతͳγεςϜͷ࣮ݱʹ͸ɺγεςϜ͕ར༻ऀͷঢ়گΛΑ͘஌Δ͜ͱ͕ॏཁ • ECαΠτͷγεςϜͰ͋Ε͹ɺར༻ऀͷᅂ޷Λ೺Ѳ͢Δ͜ͱͰɺ࠷దͳ঎ ඼ΛఏҊͰ͖Δ • ࣮ӡ༻ͷγεςϜʹ͓͍ͯίϛϡχέʔγϣϯʹ͸ίετ͕͔͔Δ • ʢར༻ऀࣗ਎΋ؚΊͯʣཁٻ΍ᅂ޷͸໌֬Ͱ͸ͳ͘ঃʑʹܗ੒͞Ε͍ͯ͘ • ͦͷظؒதͷෛ୲΍ػձଛࣦ͸୹ظ௕ظͰചΓ্͛ͳͲʹӨڹ͢Δ • ಛʹɺཁٻ΍ᅂ޷͕มԽ͢Δ؀ڥͰ͸ɺݱ࣌఺ͰՁ஋ͷ௿͍ίϛϡχέʔ γϣϯ΋ܧଓͯ͠ߦ͏ඞཁ͕͋Δ 4 దԠతͳγεςϜͱίϛϡχέʔγϣϯίετ

• ίϛϡχέʔγϣϯΛɺબ୒ࢶͷఏҊͱ൓Ԡͱݶఆ͢Δ͜ͱͰɺ͜ͷίετΛ ࠷దԽ͢Δ໰୊Λʮଟ࿹όϯσΟοτ໰୊ʯͱͯ͠ߟ͑Δ͜ͱ͕Ͱ͖Δ 5 ίϛϡέʔγϣϯίετͷ࠷దԽͱଟ࿹όϯσΟοτ • ҰํͰɺैདྷͷಉ໰୊ͷํࡦͰ͸ɺબ୒ࢶͷ༗ޮੑ͕ʮٯసʯ͢Δ؀ڥͰ͸ɺ ૉૣ͘௿ίετͳมԽ௥ै͕Ͱ͖ͳ͍ʢؔ࿈ݚڀͰઆ໌ʣ • ͜ͷ؀ڥʹ͓͍ͯਝ଎͔ͭޮ཰తͳมԽ௥ै͕ՄೳͳํࡦΛఏҊ͢Δ͜ͱͰɺ దԠతͳγεςϜͷ࣮༻ԽΛਐΊ͍ͨ

• ʮ࿹ʯͱݺ͹ΕΔෳ਺ͷީิ͔ΒಘΒΕΔใुΛ࠷େԽ͢Δ໰୊ • ϓϨΠϠʔ͸Ұ౓ͷࢼߦͰ1ͭͷ࿹Λબ୒͠ɺใुΛಘΔ • ͦΕͧΕͷ࿹͸͋Δใु෼෍ʹै͍ใुΛੜ੒ • ͨͩ͠ɺϓϨΠϠʔ͸͜ͷใु෼෍Λࢼߦͷ݁Ռ͔Βਪଌ͢Δඞཁ͕͋Δ 6 ଟ࿹όϯσΟοτ໰୊ • ϓϨΠϠʔ͸͋Δ࣌఺ͷ࿹ͷධՁʹج͖ͮʮ׆༻ʯͱʮ୳ࡧʯΛฒߦͯ͠ߦ͏ • ͜ͷτϨʔυΦϑΛղফ͢ΔͨΊʹ༷ʑͳղ๏͕ఏҊ͞Ε͍ͯΔ

• ࿹͝ͱͷใु෼෍͸ৗʹಉ͡Ͱ͋Δͱ͍͏Ծఆ • → ঢ়گ΍ଐੑ͝ͱʹใु෼෍͕ҟͳΔͷͰ͸ͳ͍͔ʁ • ྫʣ೥୅͝ͱʹਓؾͷ঎඼͕ҧ͏ɺ࠷ۙɺಉ͡ΧςΰϦͷ঎඼Λങͬͨ • → ࣌ؒͷܦաʹΑͬͯ΋ใु෼෍͕มԽ͢ΔͷͰ͸ͳ͍͔ʁ • ྫʣ৽͍͠χϡʔεهࣄɺҰ࣌తͳྲྀߦ 7 ଟ࿹όϯσΟοτ໰୊ͷ֦ு • ʮจ຺෇͖ʯ·ͨ͸ʮඇఆৗʯͳଟ࿹όϯσΟοτ໰୊ͱ֦ͯ͠ு͞Ε͍ͯΔ

8 ଟ࿹όϯσΟοτͷ՝୊ • ैདྷͷඇఆৗͳଟ࿹όϯσΟοτͷಘҙͳঢ়گͱෆಘҙͳঢ়گͷྫ 9࣠͸࣌ؒͷܦաΛද͢ :࣠͸֤࿹ͷ༗༻ੑͷଟՉ

9 ଟ࿹όϯσΟοτͷ՝୊ • ैདྷͷඇఆৗͳଟ࿹όϯσΟοτͷಘҙͳঢ়گͱෆಘҙͳঢ়گͷྫ ʮڧ͍ʯ࿹͕ऑ͘ͳΔঢ়گ ˠਝ଎ʹ࿹Λ੾ସ

10 ଟ࿹όϯσΟοτͷ՝୊ • ैདྷͷඇఆৗͳଟ࿹όϯσΟοτͷಘҙͳঢ়گͱෆಘҙͳঢ়گͷྫ ʮऑ͍ʯ࿹͕ڧ͘ͳΔঢ়گ ˠ࿹ͷ੾ସ͕஗ΕΔ ྫᅂ޷৘ใͷ஝ੵʹ൐͏ਪન ΞϧΰϦζϜͷਫ਼౓޲্ͳͲ ຊݚڀͰͷ͜ͷঢ়گΛ ʮ൪ڰΘͤʯͱݺͿ

• จ຺ͱ࣌ؒͷܦաʹԠͯ͡ɺධՁ͕௿͍ީิͷਅͷ༗༻ੑ͕޲্ͨ͠ࡍʹ΋ɺ ਝ଎ʹมԽΛݕग़͠ɺධՁΛߋ৽͢Δɺจ຺෇͖ɺ͔ͭඇఆৗͳଟ࿹όϯ σΟοτͷํࡦΛఏҊ͢Δ • ఏҊ͢Δํࡦͷ༗ޮੑΛৄࡉʹධՁ͢ΔͨΊɺมԽݕग़΍ݕग़ޙͷߋ৽ੑೳΛ ൺֱ͢ΔͨΊͷ৽ͨͳࢦඪΛఏҊ͢Δ • ͦΕΒͷࢦඪΛ΋ͱʹɺ͜Ε·ͰఏҊ͞Ε͍ͯΔɺจ຺෇͖ɺ͔ͭඇఆৗͳଟ ࿹όϯσΟοτͷํࡦͱൺֱ࣮ݧΛߦ͍ɺఏҊํࡦ͕༗ޮͰ͋Δ͜ͱΛࣔ͢ 11 ຊݚڀͷߩݙ

2. ଟ࿹όϯσΟοτ໰୊ʹ͓͚Δ ൪ڰΘͤͱɺͦͷ՝୊

• ࿹ͷ༗༻ੑ͸ɺจ຺΍࣌ؒͷܦաʹԠͯ͡มԽ͢Δ[*] • ଟ࿹όϯσΟοτͷํࡦ͸ɺ͋Δ࣌఺ͰධՁͷߴ͍࿹Λ࠷΋ଟ͘׆༻͢Δ • ࿹ͷ༗༻ੑͷมԽͷ൑அʹ͸ɺมԽޙͷใु෼෍͔Βͷαϯϓϧ͕Ұఆ਺ඞཁ 13 ଟ࿹όϯσΟοτ໰୊ʹ͓͚Δ൪ڰΘͤͷ՝୊ <>ࡾ୐༔հ ็߃ݑ 4ZOBQTFจ຺ͱ࣌ؒܦաʹԠͯ͡ਪનख๏ͷબ୒Λ࠷దԽ͢ΔϝλਪનγεςϜ ݚڀใࠂ஌ೳγεςϜʢ*$4ʣ 7PM*$4 /P QQ 4FQ

• ࿹ͷ༗༻ੑ͸ɺจ຺΍࣌ؒͷܦաʹԠͯ͡มԽ͢Δ[*] • ଟ࿹όϯσΟοτͷํࡦ͸ɺ͋Δ࣌఺ͰධՁͷߴ͍࿹Λ࠷΋ଟ͘׆༻͢Δ • ࿹ͷ༗༻ੑͷมԽͷ൑அʹ͸ɺมԽޙͷใु෼෍͔Βͷαϯϓϧ͕Ұఆ਺ඞཁ 14 ଟ࿹όϯσΟοτ໰୊ʹ͓͚Δ൪ڰΘͤͷ՝୊ ൪ڰΘͤͰ͸ͳ͍੾ΓସΘΓ • ࠷΋ଟ͘׆༻͞Ε͍ͯΔͨΊɺมԽޙͷαϯ ϓϧΛे෼ʹ؍ଌ͠ɺਝ଎ͳ੾ସ͕Մೳɻ • ͨͩ͠ɺ͜ͷมԽͷ൑அͷͨΊͷػߏͷ࣮ߦ ʹ͕͔͔࣌ؒΔํࡦ΋͋Δ

• ࿹ͷ༗༻ੑ͸ɺจ຺΍࣌ؒͷܦաʹԠͯ͡มԽ͢Δ[*] • ଟ࿹όϯσΟοτͷํࡦ͸ɺ͋Δ࣌఺ͰධՁͷߴ͍࿹Λ࠷΋ଟ͘׆༻͢Δ • ࿹ͷ༗༻ੑͷมԽͷ൑அʹ͸ɺมԽޙͷใु෼෍͔Βͷαϯϓϧ͕Ұఆ਺ඞཁ 15 ଟ࿹όϯσΟοτ໰୊ʹ͓͚Δ൪ڰΘͤͷ՝୊ ൪ڰΘͤͳ੾ΓସΘΓ • ݩʑɺ׆༻͞Ε͍ͯͳ͍ͨΊɺαϯϓϧΛಘ Δ·Ͱʹ͕͔͔࣌ؒΔ • ݁Ռͱͯ͠ɺ࿹ͷ੾ସ͕஗ΕɺҎલͷ࠷ద࿹ Λ࢖͏͜ͱʹΑΔػձଛࣦʹͭͳ͕Δ

• ࿹ͷ༗༻ੑ͸ɺจ຺΍࣌ؒͷܦաʹԠͯ͡มԽ͢Δ[*] • ଟ࿹όϯσΟοτͷํࡦ͸ɺ͋Δ࣌఺ͰධՁͷߴ͍࿹Λ࠷΋ଟ͘׆༻͢Δ • ࿹ͷ༗༻ੑͷมԽͷ൑அʹ͸ɺมԽޙͷใु෼෍͔Βͷαϯϓϧ͕Ұఆ਺ඞཁ 16 ଟ࿹όϯσΟοτ໰୊ʹ͓͚Δ൪ڰΘͤͷ՝୊ ൪ڰΘͤͳ੾ΓସΘΓ • ൪ڰΘͤͷݕग़ͷͨΊʹશͯͷ࿹΁ͷ୳ࡧΛ Ұ཯ʹ૿΍͢[1]ͱมԽ͕ͳ͍ظؒ΍จ຺Ͱͷ ػձଛࣦʹͭͳ͕Δ <>$BP : 8FO ; ,WFUPO # 9JF : /FBSMZ0QUJNBM"EBQUJWF1SPDFEVSFXJUI$IBOHF%FUFDUJPOGPS1JFDFXJTF4UBUJPOBSZ#BOEJU1SPDFFEJOHTPG.BDIJOF-FBSOJOH3FTFBSDI r 1.-3

• ͜ͷ໰୊Λਝ଎͔ͭޮ཰తʹղܾ͢Δํࡦ͸ҎԼͷཁ݅Λຬͨ͢ • จ຺Λѻ͏͜ͱ͕Ͱ͖Δ • ࿹ͷਝ଎ͳධՁߋ৽ͷ࢓૊ΈΛඋ͑Δ • ධՁͷ௿͍࿹΁ͷޮ཰తͳ୳ࡧͷ࢓૊ΈΛඋ͑Δ • ͜ΕΒͷ࢓૊Έͷ࣮ߦ͕࣌ؒগͳ͍ 17 จ຺ͱɺ൪ڰΘͤΛؚΉඇఆৗੑ΁ͷରॲ

18 ैདྷͷଟ࿹όϯσΟοτํࡦͱ൪ڰΘͤ΁ͷରԠ จ຺ ਝ଎ͳධՁߋ৽ ޮ཰తͳ୳ࡧ ࣮ߦ࣌ؒ %FDBZ-JO6$#<> P P Y P "E54<> P P Y Y E-JO6$#<> P P ˚ P %FO#BOE<> P P ˚ P 5751<> P P Y Y "%"*-5$#<> P P ˚ Y ,'."/#<> Y P P P

19 ैདྷͷଟ࿹όϯσΟοτํࡦͱ൪ڰΘͤ΁ͷରԠ จ຺ ਝ଎ͳධՁߋ৽ ޮ཰తͳ୳ࡧ ࣮ߦ࣌ؒ %FDBZ-JO6$#<> P P Y P "E54<> P P Y Y E-JO6$#<> P P ˚ P %FO#BOE<> P P ˚ ˚ 5751<> P P Y Y "%"*-5$#<> P P ˚ Y ,'."/#<> Y P P P <>$IVORJV;FOH 2JOH8BOH 4IFLPPGFI.PLIUBSJ BOE5BP-J0OMJOFDPOUFYUBXBSFSFDPNNFOEBUJPOXJUIUJNFWBSZJOHNVMUJBSNFECBOEJU*O1SPDFFEJOHTPGUIFOE"$.4*(,%%JOUFSOBUJPOBM DPOGFSFODFPO,OPXMFEHFEJTDPWFSZBOEEBUBNJOJOH QQr <>/FHBS)BSJSJ #BNTIBE.PCBTIFS BOE3PCJO#VSLF"EBQUJOHUPVTFSQSFGFSFODFDIBOHFTJOJOUFSBDUJWFSFDPNNFOEBUJPO*O5XFOUZ'PVSUI*OUFSOBUJPOBM+PJOU$POGFSFODFPO"SUJpDJBM*OUFMMJHFODF <>.VIBNNBE"NNBS)BTTBO/PO4UBUJPOBSZ$POUFYUVBM.VMUJ"SNFE#BOEJUXJUI"QQMJDBUJPOJO0OMJOF3FDPNNFOEBUJPOT1I%UIFTJT 6OJWFSTJUZPG7JSHJOJB <>2JOHZVO8V /BWFFO*ZFS BOE)POHOJOH8BOH-FBSOJOHDPOUFYUVBMCBOEJUTJOBOPOTUBUJPOBSZFOWJSPONFOU*O5IFTU*OUFSOBUJPOBM"$.4*(*3$POGFSFODFPO3FTFBSDI%FWFMPQNFOUJO *OGPSNBUJPO3FUSJFWBM QQr <>2JOHZVO8V )VB[IFOH8BOH :BOFO-J BOE)POHOJOH8BOH%ZOBNJDFOTFNCMFPGDPOUFYUVBMCBOEJUTUPTBUJTGZVTFST`DIBOHJOHJOUFSFTUT*O5IF8PSME8JEF8FC$POGFSFODF QQr <>:JGBOH$IFO $IVOH8FJ-FF )BJQFOH-VP BOE$IFO:V8FJ"OFXBMHPSJUINGPSOPOTUBUJPOBSZDPOUFYUVBMCBOEJUT&⒏DJFOU PQUJNBMBOEQBSBNFUFSGSFF*O$POGFSFODFPO-FBSOJOH5IFPSZ QQ r1.-3 <>0MF$ISJTUP⒎FS(SBONPBOE4UJBO#FSH4PMWJOHOPOTUBUJPOBSZCBOEJUQSPCMFNTCZSBOEPNTBNQMJOHGSPNTJCMJOHLBMNBOpMUFST*O*OUFSOBUJPOBM$POGFSFODFPO*OEVTUSJBM &OHJOFFSJOHBOE0UIFS "QQMJDBUJPOTPG"QQMJFE*OUFMMJHFOU4ZTUFNT QQr4QSJOHFS

3. ఏҊख๏

• ͜ͷ໰୊Λਝ଎͔ͭޮ཰తʹղܾ͢Δํࡦ͸ҎԼͷཁ݅Λຬͨ͢ • จ຺Λѻ͏͜ͱ͕Ͱ͖Δ • ࿹ͷਝ଎ͳධՁߋ৽ͷ࢓૊ΈΛඋ͑Δ • ධՁͷ௿͍࿹΁ͷޮ཰తͳ୳ࡧͷ࢓૊ΈΛඋ͑Δ • ͜ΕΒͷ࢓૊Έͷ࣮ߦ͕࣌ؒগͳ͍ 21 จ຺ͱɺ൪ڰΘͤΛؚΉඇఆৗੑ΁ͷରॲ

• ͜ͷ໰୊Λਝ଎͔ͭޮ཰తʹղܾ͢Δํࡦ͸ҎԼͷཁ݅Λຬͨ͢ • จ຺Λѻ͏͜ͱ͕Ͱ͖Δ • ࿹ͷਝ଎ͳධՁߋ৽ͷ࢓૊ΈΛඋ͑Δ • ධՁͷ௿͍࿹΁ͷޮ཰తͳ୳ࡧͷ࢓૊ΈΛඋ͑Δ • ͜ΕΒͷ࢓૊Έͷ࣮ߦ͕࣌ؒগͳ͍ • → KF-MANBΛআ͘ैདྷͷํࡦ͸ɺબఆͨ͠࿹ͷධՁͷΈΛ༻͍࣮ͯݱ͢Δ • → બఆ͠ͳ͔ͬͨ࿹ͷධՁ΋ಉ࣌ʹߋ৽Ͱ͖Ε͹ɺΑΓޮՌతͰ͸ͳ͍͔ ɹ ఏҊख๏Ͱ͸͜ͷͨΊʹʮઢܗΧϧϚϯϑΟϧλʯΛ࠾༻͢Δ 22 จ຺ͱɺ൪ڰΘͤΛؚΉඇఆৗੑ΁ͷରॲ

23 ैདྷͷଟ࿹όϯσΟοτํࡦͱ൪ڰΘͤ΁ͷରԠ จ຺ ਝ଎ͳධՁߋ৽ ޮ཰తͳ୳ࡧ ࣮ߦ࣌ؒ %FDBZ-JO6$#<> P P Y P "E54<> P P Y Y E-JO6$#<> P P ˚ P %FO#BOE<> P P ˚ P 5751<> P P Y Y "%"*-5$#<> P P ˚ Y ,'."/#<> Y P P P ఏҊख๏ P P P P

24 ํࣜͷྨࣅ͢Δख๏ͱͷࠩҟ จ຺ ਝ଎ͳධՁߋ৽ ޮ཰తͳ୳ࡧ ࣮ߦ࣌ؒ ,'."/#<> Y P P P ఏҊख๏ P P P P • ਝ଎ͳධՁߋ৽ͱऑ͍࿹΁ͷޮ཰తͳ୳ࡧͷͨΊɺܰྔͳΧϧϚϯϑΟϧλΛར༻͢Δ఺ ͕ڞ௨ • ఏҊख๏͸ઢܗΧϧϚϯϑΟϧλΛར༻͢Δ఺͕ҟͳΔ • ࣌ؒͷܦա͚ͩͰͳ͘จ຺ʹΑͬͯ΋࿹ͷ༗ޮੑ͕ҟͳΔ؀ڥʹద༻Ͱ͖Δ • τϨϯυ΍पظత੒෼Λߟྀͨ͠ɺΑΓޮ཰తͳ୳ࡧ͕ظ଴Ͱ͖Δ <>0MF$ISJTUP⒎FS(SBONPBOE4UJBO#FSH4PMWJOHOPOTUBUJPOBSZCBOEJUQSPCMFNTCZSBOEPNTBNQMJOHGSPNTJCMJOHLBMNBOpMUFST*O*OUFSOBUJPOBM$POGFSFODFPO*OEVTUSJBM &OHJOFFSJOHBOE0UIFS "QQMJDBUJPOTPG"QQMJFE*OUFMMJHFOU4ZTUFNT QQr4QSJOHFS

֬཰Ұக๏Λ༻͍ͨ ଟ࿹όϯσΟοτख๏ͱ ઢܗΧϧϚϯϑΟϧλͱͷ౷߹

• ઢܗΧϧϚϯϑΟϧλʹΑͬͯਪఆͨ͠ঢ়ଶΛ࿹ͷબఆʹར༻ • 1. ઢܗΧϧϚϯϑΟϧλʹΑΔ࿹ͷঢ়ଶਪఆ • 2. ঢ়ଶਪఆ஋Λ༻͍ͨ֬཰Ұக๏ʹΑΔ࿹ͷબఆ 26 ఏҊख๏ʹ͓͚Δ࿹ͷબఆ

• Ұظઌ༧ଌͱ؍ଌ݁ՌʹΑΔϑΟϧλϦϯάΛ܁Γฦͯ͠ঢ়ଶΛܧଓతʹਪఆ • ঢ়ଶ ͸ฏۉ ͱͦͷ෼ࢄڞ෼ࢄ Ͱදݱ͢Δ͜ͱ͕Ͱ͖Δ α μ P 27 1. ઢܗΧϧϚϯϑΟϧλʹΑΔ࿹ͷঢ়ଶਪఆ Ұظઌͷঢ়ଶ༧ଌ Ұظઌͷ؍ଌ༧ଌ ؍ଌͷޡࠩ ϑΟϧλϦϯά ઢܗΧϧϚϯϑΟϧλʹ͓͚Δঢ়ଶߋ৽ͷαΠΫϧ t = t + 1 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 µt+1 = Tµt|t Pt+1 = TPt|t TT + RQRT AAAC03ichVE9SyRBEH3O6amrnuuZCCbiogjC0uMdKIIgmhjJfroLji4zc706OF/M9C54c5OIkWBsYKRgIKaCP+CS+wMGmmoihiuYGFg7O9zpyXk19HTVq3rVr7s01zR8wdhVm/ShveNjZ1d3oqe371N/cuDziu/UPJ0Xdcd0vLKm+tw0bF4UhjB52fW4amkmL2lbi818qc4933Dsgth2+ZqlbthG1dBVQVAluaxoVqBYtbASiEk5HJ8rvAB+iFBREpnfqUwLK6wrlio2/WpQCCdz2dyLsJJMsTSLbOStI8dOCrFlnOQFFHyDAx01WOCwIcg3ocKnbxUyGFzC1hAQ5pFnRHmOEAni1qiKU4VK6Bb9NyhajVGb4mZPP2LrdIpJyyPmCMbYJTtlDfaLnbE79vTPXkHUo6llm3atxeVupX9vKP/4X5ZFu8DmH9a7mgWqmIm0GqTdjZDmLfQWv/79oJGfzY0F4+yY3ZP+I3bFftIN7PqDfpLlucN39GikhV6MBiT/PY63zspUWv6Snsp+Tc0vxKPqwjBGMUHzmMY8lpBBkfqf4xo3uJWKUiDtSLutUqkt5gzilUn7z7XisIo= µt|t = µt + Kvt = µt + (PtZTF 1 t )vt Pt|t = Pt KFtKT 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 vt = yt ˆ yt Ft = ZPtZ T + H AAACxHichVFNS+NQFD2No1PrV3U2gptiUQSZ8uoIiiCKgnTZqlXROCGJrzaYL5LXQg2dH+AfmMWsFLoQf8D8gNkMzHa68CeISwU3Lrz5gGEU9YbknXvePTfnvau5puELxq5TUs+H3r6P6f7MwODQ8Eh2dGzHdxqezqu6Yzrenqb63DRsXhWGMPme63HV0ky+q52sh/u7Te75hmNvi5bLDy312DZqhq4KopTsiqxZQbOtiNz0ci7ELcKf5boqgjijVJYzG3HBflkR+19lSxV1vxZst2dLSjbPCiyK3EtQTEAeSZSd7E/IOIIDHQ1Y4LAhCJtQ4dNzgCIYXOIOERDnETKifY42MqRtUBWnCpXYE/oeU3aQsDblYU8/Uuv0F5Nej5Q5TLEuu2R37De7Yjfs8dVeQdQj9NKiVYu13FVGzsa3Ht5VWbQK1P+p3vQsUMNi5NUg727EhKfQY33z9Pvd1tLmVDDNLtgt+T9n1+wXncBu3uudCt/88YYfjbzQjdGAis/H8RLszBWKXwpzlfn86loyqjQmMIkZmscCVlFCGVXq38Ef/EVX2pBMyZcacamUSjSf8F9I354ANqupFA== ˆ yt = Zµt 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

• ઢܗΧϧϚϯϑΟϧλʹΑΓ࿹͝ͱͷঢ়ଶͷฏۉͱ෼ࢄڞ෼ࢄΛಘΔ • ಘΒΕͨঢ়ଶͷฏۉͱ෼ࢄڞ෼ࢄΛɺฏۉͱ෼ࢄڞ෼ࢄͱ͢Δଟมྔਖ਼ن෼෍ ͔ΒαϯϓϦϯάΛߦ͏ • → ઢܗΧϧϚϯϑΟϧλͷਪఆ஋Λ༻͍ͨ֬཰Ұக๏ 28 2. ঢ়ଶਪఆ஋Λ༻͍ͨ֬཰Ұக๏ʹΑΔ࿹ͷબఆ ଟ࿹όϯσΟοτ໰୊ͱͯ͠ͷ୳ࡧͷ όϥϯεΛௐ੔͢Δεέʔϧ߲ Λಋೖ β খɹɹঢ়ଶɹɹେ ֬཰ີ౓ ଟ͘ͷ৔߹ɺ྘͕બఆ͞Ε Δ͕ɺ੄໺ͷ޿͍ΦϨϯδ ΋બఆ͞ΕΔՄೳੑ͕͋Δ

ܽଛ஋ॲཧʹΑΔԾ૝తͳ୳ࡧ

• Ұظઌ༧ଌͱ؍ଌ݁ՌʹΑΔϑΟϧλϦϯάΛ܁Γฦͯ͠ঢ়ଶΛܧଓతʹਪఆ • ঢ়ଶ ͸ฏۉ ͱͦͷ෼ࢄڞ෼ࢄ Ͱදݱ͢Δ͜ͱ͕Ͱ͖Δ α μ P 30 ઢܗΧϧϚϯϑΟϧλʹΑΔ࿹ͷঢ়ଶਪఆʢ࠶ܝʣ Ұظઌͷঢ়ଶ༧ଌ Ұظઌͷ؍ଌ༧ଌ ؍ଌͷޡࠩ ϑΟϧλϦϯά ઢܗΧϧϚϯϑΟϧλʹ͓͚Δঢ়ଶߋ৽ͷαΠΫϧ t = t + 1 AAACinichVHLSsNAFL2Nr1qrrboR3ARLRRDKpAq+EIq6cNmHfUAtJYnTOjQvkmmhFn/AnSvBrhRciB/gB7jxB1z0E8RlBTcuvE0DosV6w2TOnLnnzpm5iqUxhxPS8Qkjo2PjE/7JwFRweiYUnp3LOWbdVmlWNTXTLiiyQzVm0CxnXKMFy6ayrmg0r9T2e/v5BrUdZhpHvGnRki5XDVZhqsyRynNxV+SrUjkcITHihjgIJA9EwIukGX6EYzgBE1Sogw4UDOCINZDBwa8IEhCwkCtBCzkbEXP3KZxDALV1zKKYISNbw38VV0WPNXDdq+m4ahVP0XDYqBQhSl7IPemSZ/JAXsnnn7Vabo2elybOSl9LrXLoYiHz8a9Kx5nD6bdqqGcOFdh0vTL0brlM7xZqX984u+pmttPR1jK5JW/o/4Z0yBPewGi8q3cpmm4P8aOgF3wxbJD0ux2DIBePSWuxeGo9ktjzWuWHRViCFezHBiTgEJKQdetfwjW0haAQF7aEnX6q4PM08/AjhIMvdtyReA== µt+1 = Tµt|t Pt+1 = TPt|t TT + RQRT 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 µt|t = µt + Kvt = µt + (PtZTF 1 t )vt Pt|t = Pt KFtKT 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 vt = yt ˆ yt Ft = ZPtZ T + H 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 ˆ yt = Zµt 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

• Ұظઌ༧ଌͱ؍ଌ݁ՌʹΑΔϑΟϧλϦϯάΛ܁Γฦͯ͠ঢ়ଶΛܧଓతʹਪఆ • ঢ়ଶ ͸ฏۉ ͱͦͷ෼ࢄڞ෼ࢄ Ͱදݱ͢Δ͜ͱ͕Ͱ͖Δ α μ P 31 ઢܗΧϧϚϯϑΟϧλʹΑΔ࿹ͷঢ়ଶਪఆ Ұظઌͷঢ়ଶ༧ଌ Ұظઌͷ؍ଌ༧ଌ ؍ଌͷޡࠩ ϑΟϧλϦϯά ઢܗΧϧϚϯϑΟϧλʹ͓͚Δঢ়ଶߋ৽ͷαΠΫϧ t = t + 1 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 µt+1 = Tµt|t Pt+1 = TPt|t TT + RQRT 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 µt|t = µt + Kvt = µt + (PtZTF 1 t )vt Pt|t = Pt KFtKT 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 vt = yt ˆ yt Ft = ZPtZ T + H 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 ˆ yt = Zµt AAACoXichVE9S8NQFD3Gr/pddRF0KBbFqbyqoAiC6KJbba2KrZQkvrah+SJ5LdTQxdE/4OCkIChOuvgDXPwDDv0J4qjg4uBNGhAV9YbknXvePTfnvavYuuYKxpptUntHZ1d3pKe3r39gcCg6PLLtWlVH5VnV0i1nV5FdrmsmzwpN6HzXdrhsKDrfUSpr/v5OjTuuZplbom7zfUMumVpRU2VBVCE6kS/LwssrhldvNAoithzb85O8UaWsEI2zBAsi9hMkQxBHGCkreoc8DmBBRRUGOEwIwjpkuPTkkASDTdw+POIcQlqwz9FAL2mrVMWpQia2Qt8SZbmQNSn3e7qBWqW/6PQ6pIxhij2yK/bCHtg1e2Lvv/bygh6+lzqtSkvL7cLQ8Vjm7V+VQatA+VP1p2eBIhYDrxp5twPGP4Xa0tcOT14yS+kpb5qds2fyf8aa7J5OYNZe1YtNnj79w49CXujGaEDJ7+P4CbZnE8m5xOzmfHxlNRxVBOOYxAzNYwErWEcKWep/hEvc4FaKSxtSSkq3SqW2UDOKLyHlPgBnm5vF ෼ࢄڞ෼ࢄΛখ͘͞ ෼ࢄڞ෼ࢄΛେ͖͘

• ઢܗΧϧϚϯϑΟϧλͰ͸؍ଌ஋͕ಘΒΕͳ͍৔߹΋ܽଛ஋ͱͯ͠ѻ͑Δ • ͜ͷܽଛ஋ॲཧΛબఆ͞Εͳ͔ͬͨ࿹ʹର͢Δߋ৽ૢ࡞ͱͯ͠औΓೖΕΔ 32 ܽଛ஋ॲཧʹΑΔ୳ࡧͷଅਐ Ұظઌͷঢ়ଶ༧ଌ ϑΟϧλϦϯά ઢܗΧϧϚϯϑΟϧλʹ͓͚Δܽଛ஋ॲཧͷαΠΫϧ t = t + 1 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 µt+1 = Tµt|t Pt+1 = TPt|t TT + RQRT 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 µt|t = µt Pt|t = Pt 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 ෼ࢄڞ෼ࢄΛେ͖͘

• ઢܗΧϧϚϯϑΟϧλͰ͸؍ଌ஋͕ಘΒΕͳ͍৔߹΋ܽଛ஋ͱͯ͠ѻ͑Δ • ͜ͷܽଛ஋ॲཧΛબఆ͞Εͳ͔ͬͨ࿹ʹର͢Δߋ৽ૢ࡞ͱͯ͠औΓೖΕΔ 33 ܽଛ஋ॲཧʹΑΔ୳ࡧͷଅਐ Ұظઌͷঢ়ଶ༧ଌ ϑΟϧλϦϯά ઢܗΧϧϚϯϑΟϧλʹ͓͚Δܽଛ஋ॲཧͷαΠΫϧ t = t + 1 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 µt+1 = Tµt|t Pt+1 = TPt|t TT + RQRT 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 µt|t = µt Pt|t = Pt 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 ෼ࢄڞ෼ࢄΛେ͖͘ ظ଴͞ΕΔޮՌͦͷ ֬཰Ұக๏ͷ࢓૊ΈʹΑΓબఆػձͷগͳ͍࿹ʹର͢Δ୳ࡧ͕ଅਐ͞ΕΔ

• ઢܗΧϧϚϯϑΟϧλͰ͸؍ଌ஋͕ಘΒΕͳ͍৔߹΋ܽଛ஋ͱͯ͠ѻ͑Δ • ͜ͷܽଛ஋ॲཧΛબఆ͞Εͳ͔ͬͨ࿹ʹର͢Δߋ৽ૢ࡞ͱͯ͠औΓೖΕΔ 34 ܽଛ஋ॲཧʹΑΔঢ়ଶ֬ೝͷলུ Ұظઌͷঢ়ଶ༧ଌ ϑΟϧλϦϯά ઢܗΧϧϚϯϑΟϧλʹ͓͚Δܽଛ஋ॲཧͷαΠΫϧ t = t + 1 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 µt+1 = Tµt|t Pt+1 = TPt|t TT + RQRT 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 µt|t = µt Pt|t = Pt 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 τϨϯυ΍पظత੒෼Λߟྀͨ͠༧ଌ ظ଴͞ΕΔޮՌͦͷ ঢ়ଶͷਪҠ܏޲ͷ༧ଌʹΑΓɺ੾ସ·ͰͷܦաΛ೺Ѳ͢ΔͨΊͷ୳ࡧΛল͚Δ

࣌มߦྻʹΑΔจ຺ʹԠͨ͡ ࿹ͷධՁߋ৽

• Ұظઌ༧ଌͱ؍ଌ݁ՌʹΑΔϑΟϧλϦϯάΛ܁Γฦͯ͠ঢ়ଶΛܧଓతʹਪఆ • ঢ়ଶ ͸ฏۉ ͱͦͷ෼ࢄڞ෼ࢄ Ͱදݱ͢Δ͜ͱ͕Ͱ͖Δ α μ P 36 ઢܗΧϧϚϯϑΟϧλʹΑΔ࿹ͷঢ়ଶਪఆʢ࠶ܝʣ Ұظઌͷঢ়ଶ༧ଌ Ұظઌͷ؍ଌ༧ଌ ؍ଌͷޡࠩ ϑΟϧλϦϯά ઢܗΧϧϚϯϑΟϧλʹ͓͚Δঢ়ଶߋ৽ͷαΠΫϧ t = t + 1 AAACinichVHLSsNAFL2Nr1qrrboR3ARLRRDKpAq+EIq6cNmHfUAtJYnTOjQvkmmhFn/AnSvBrhRciB/gB7jxB1z0E8RlBTcuvE0DosV6w2TOnLnnzpm5iqUxhxPS8Qkjo2PjE/7JwFRweiYUnp3LOWbdVmlWNTXTLiiyQzVm0CxnXKMFy6ayrmg0r9T2e/v5BrUdZhpHvGnRki5XDVZhqsyRynNxV+SrUjkcITHihjgIJA9EwIukGX6EYzgBE1Sogw4UDOCINZDBwa8IEhCwkCtBCzkbEXP3KZxDALV1zKKYISNbw38VV0WPNXDdq+m4ahVP0XDYqBQhSl7IPemSZ/JAXsnnn7Vabo2elybOSl9LrXLoYiHz8a9Kx5nD6bdqqGcOFdh0vTL0brlM7xZqX984u+pmttPR1jK5JW/o/4Z0yBPewGi8q3cpmm4P8aOgF3wxbJD0ux2DIBePSWuxeGo9ktjzWuWHRViCFezHBiTgEJKQdetfwjW0haAQF7aEnX6q4PM08/AjhIMvdtyReA== µt+1 = Tµt|t Pt+1 = TPt|t TT + RQRT 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 µt|t = µt + Kvt = µt + (PtZTF 1 t )vt Pt|t = Pt KFtKT 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 vt = yt ˆ yt Ft = ZPtZ T + H 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 ˆ yt = Zµt 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

• ઢܗΧϧϚϯϑΟϧλʹ͓͚Δߦྻ ΍ ͸ϑΟϧλϦϯά΍Ұظઌ༧ଌͷॲ ཧʹ͓͍ͯঢ়ଶͷฏۉ΍෼ࢄڞ෼ࢄͷͲͷཁૉΛߋ৽͢Δ͔ܾఆ͍ͯ͠Δ Z R 37 จ຺ʹԠͨ͡࿹ͷධՁߋ৽ Ұظઌͷঢ়ଶ༧ଌ Ұظઌͷ؍ଌ༧ଌ ؍ଌͷޡࠩ ϑΟϧλϦϯά ઢܗΧϧϚϯϑΟϧλʹ͓͚Δঢ়ଶߋ৽ͷαΠΫϧ t = t + 1 AAACinichVHLSsNAFL2Nr1qrrboR3ARLRRDKpAq+EIq6cNmHfUAtJYnTOjQvkmmhFn/AnSvBrhRciB/gB7jxB1z0E8RlBTcuvE0DosV6w2TOnLnnzpm5iqUxhxPS8Qkjo2PjE/7JwFRweiYUnp3LOWbdVmlWNTXTLiiyQzVm0CxnXKMFy6ayrmg0r9T2e/v5BrUdZhpHvGnRki5XDVZhqsyRynNxV+SrUjkcITHihjgIJA9EwIukGX6EYzgBE1Sogw4UDOCINZDBwa8IEhCwkCtBCzkbEXP3KZxDALV1zKKYISNbw38VV0WPNXDdq+m4ahVP0XDYqBQhSl7IPemSZ/JAXsnnn7Vabo2elybOSl9LrXLoYiHz8a9Kx5nD6bdqqGcOFdh0vTL0brlM7xZqX984u+pmttPR1jK5JW/o/4Z0yBPewGi8q3cpmm4P8aOgF3wxbJD0ux2DIBePSWuxeGo9ktjzWuWHRViCFezHBiTgEJKQdetfwjW0haAQF7aEnX6q4PM08/AjhIMvdtyReA== µt+1 = Tµt|t Pt+1 = TPt|t TT + RQRT 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 µt|t = µt + Kvt = µt + (PtZTF 1 t )vt Pt|t = Pt KFtKT AAADBHichVFLS+NQFD6Jr1pf9TEguAkWizJYbqowgyDICCJ0U61V0WhIMrcamhfJbaHG4M7F/IFZuFJwIc5uGGY3m9n4B1z0B7gYZqngxoUnacAX6gnJPfc75/vy3XtUx9A9RkiD41ta29o7Ep3Jru6e3r5U/8CqZ1ddjZY027DddVXxqKFbtMR0ZtB1x6WKqRp0Ta3Mh/W1GnU93bZWWN2hW6ayY+llXVMYQnLqQFJNXzKrss/2WRAImVkhRgKZCR+FfLirYS5Jyczsk9J4QWYb25KpsF2v7K8ECzLb9ifFYOIRpdDUDWWxW5gU8tiVf0SSU2mSJVEILxMxTtIQR8FO/QYJvoINGlTBBAoWMMwNUMDDZxNEIOAgtgU+Yi5melSnEEASuVXsotihIFrB7w7uNmPUwn2o6UVsDf9i4OsiU4AxcknOyDW5IOfkH7l7VcuPNEIvdVzVJpc6ct+34eLtuywTVwa7D6w3PTMow+fIq47enQgJT6E1+bW979fFmeUxP0NOyH/0f0wa5C+ewKrdaKdLdPnoDT8qesEbwwGJz8fxMlnNZcWpbG5pOj33JR5VAkZgFMZxHp9gDhahACXUv+K6uCHuA3/I/+B/8r+arTwXcwbhSfB/7gH5GL88 vt = yt ˆ yt Ft = ZPtZ T + H 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 ˆ yt = Zµt 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 ঢ়ଶਪҠ࣌ͷޡࠩΛ෇༩ ؍ଌ࣌ͷޡࠩΛ෇༩

• ઢܗΧϧϚϯϑΟϧλʹ͓͚Δߦྻ ΍ ͸ϑΟϧλϦϯά΍Ұظઌ༧ଌͷॲ ཧʹ͓͍ͯঢ়ଶͷฏۉ΍෼ࢄڞ෼ࢄͷͲͷཁૉΛߋ৽͢Δ͔ܾఆ͍ͯ͠Δ • → ଟ༷ͳจ຺Λѻ͏ઃఆͰ͸ৗʹಉ͡ߦྻΛ༻͍ͨߋ৽͸ద͞ͳ͍ Z R 38 จ຺ʹԠͨ͡࿹ͷධՁߋ৽ Ұظઌͷঢ়ଶ༧ଌ µt+1 = Tµt|t Pt+1 = TPt|t TT + RQRT 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 ঢ়ଶਪҠ࣌ͷޡࠩΛ෇༩ RQRT = 2 4 2 v 2 v 2 v 2 v 2 v 2 v 2 v 2 v 2 v 3 5 , where R = 2 4 1 1 1 3 5 , Q = ⇥ 2 v ⇤ 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 ഉଞతͳίϯςΩετͷ࣍ݩʹ΋ޡ͕ࠩ஝ੵͯ͠͠·͏ ίϯςΩετ"Ͱऑ͍࿹͸ɺܽଛ஋ॲཧʹΑΓଞͷίϯςΩετʹରͯ͠΋ޡࠩΛ෇༩͢Δɻ ίϯςΩετ#Ͱճఔ౓ͷ୳ࡧͰྑ͍΋ͷ͕ճ୳ࡧ͞ΕΔ͔΋͠Εͳ͍

• ઢܗΧϧϚϯϑΟϧλʹ͓͚Δߦྻ ΍ ͸ϑΟϧλϦϯά΍Ұظઌ༧ଌͷॲ ཧʹ͓͍ͯঢ়ଶͷฏۉ΍෼ࢄڞ෼ࢄͷͲͷཁૉΛߋ৽͢Δ͔ܾఆ͍ͯ͠Δ • → จ຺ʹԠͨ࣌͡มͳߦྻΛ༻ҙ͢Δ Z R 39 จ຺ʹԠͨ͡࿹ͷධՁߋ৽ Ұظઌͷঢ়ଶ༧ଌ µt+1 = Tµt|t Pt+1 = TPt|t TT + RQRT AAAC03ichVE9SyRBEH3O6amrnuuZCCbiogjC0uMdKIIgmhjJfroLji4zc706OF/M9C54c5OIkWBsYKRgIKaCP+CS+wMGmmoihiuYGFg7O9zpyXk19HTVq3rVr7s01zR8wdhVm/ShveNjZ1d3oqe371N/cuDziu/UPJ0Xdcd0vLKm+tw0bF4UhjB52fW4amkmL2lbi818qc4933Dsgth2+ZqlbthG1dBVQVAluaxoVqBYtbASiEk5HJ8rvAB+iFBREpnfqUwLK6wrlio2/WpQCCdz2dyLsJJMsTSLbOStI8dOCrFlnOQFFHyDAx01WOCwIcg3ocKnbxUyGFzC1hAQ5pFnRHmOEAni1qiKU4VK6Bb9NyhajVGb4mZPP2LrdIpJyyPmCMbYJTtlDfaLnbE79vTPXkHUo6llm3atxeVupX9vKP/4X5ZFu8DmH9a7mgWqmIm0GqTdjZDmLfQWv/79oJGfzY0F4+yY3ZP+I3bFftIN7PqDfpLlucN39GikhV6MBiT/PY63zspUWv6Snsp+Tc0vxKPqwjBGMUHzmMY8lpBBkfqf4xo3uJWKUiDtSLutUqkt5gzilUn7z7XisIo= ঢ়ଶਪҠ࣌ͷޡࠩΛ෇༩ ίϯςΩετͷԠͨ͡ Λ༻ҙ͢Δʢ ʹ͍ͭͯ΋ಉ༷ʣ R R(xt ) Z RtQRT t = 2 4 2 v 0 2 v 0 0 0 2 v 0 2 v 3 5 , where Rt = 2 4 1 0 1 3 5 , Q = ⇥ 2 v ⇤ 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 Rt = xt = (1, 0, 1)> (xt 2 {0, 1}m) 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

ํࡦͷಛੑΛ෼ੳ͢ΔධՁࢦඪ

• ͜Ε·ͰͷࢦඪͰ͋ΔྦྷੵϦάϨοτ͸ɺ֤࣌఺Ͱ࠷ద࿹ͷظ଴஋ͱબఆͨ͠ ࿹ͷظ଴஋ͷࠩΛظؒ·Ͱʹ߹ܭͨ͠΋ͷ • มԽ͢Δ؀ڥʹ͓͍ͯ͸ɺਖ਼͍͠൑அʹجͮ͘୳ࡧͳͷ͔ɺͦ΋ͦ΋௥ै ͕Ͱ͖͍ͯͳ͍ঢ়ଶͰ୳ࡧͱͳ͍ͬͯΔͷ͔͕۠ผͰ͖ͳ͍ • มԽݕग़·Ͱͷੑೳ΍ɺݕग़ޙͷ௥ैੑೳΛൺֱ͕ɺఆੑతͳߟ࡯ʹͱͲ ·Δ͔ɺ෼ੳͷ؍఺͕ෆ౷Ұʹͳͬͯ͠·͏ 41 ํࡦͷੑೳൺֱʹ͓͚Δ՝୊ มԽʹର͢Δ֤ํࡦͷڍಈͷಛੑΛఆྔతʹࣔ͢ࢦඪΛఏҊ

• ֤࣌఺ͷࢼߦ݁ՌΛɺํࡦͷ൑அʢ׆༻͔୳ࡧ͔ʣͱબఆͨ͠࿹ͷਅͷ༗༻ੑ ʢ࠷ద࿹͔Ͳ͏͔ʣͱͷ࢛৅ݶʹ෼ྨͨࠞ͠ಉߦྻʢද1ʣ 42 ํࡦͷ࿹ͷબఆʹؔ͢Δࠞಉߦྻ ࠷ద࿹͕ೖΕସΘΔঢ়گ ʹ͓͚Δޡ൑ఆͷ਺ ൪ڰΘͤͰ͸ͳ͍৔߹ ᶅʹ૬౰͢Δࢼߦ͕ɺ࿹ͷධՁͷߋ৽ ͱ੾ΓସΘΓͷݕग़Λ݉ͶΔ ൪ڰΘͤͷ৔߹ ᶄʹ૬౰͢Δࢼߦ͕ɺ৽ͨͳ࠷ద࿹ͷධՁͷ ߋ৽ʹඞཁɻ৽ͨͳ࠷ద࿹΁ͷ੾Γସ͑ʹ൐ ͍ᶅͷ૿Ճ͕ࢭ·Δ มԽʹڧ͍ํࡦ͸ɺᶃʹର͢Δᶄͱᶅͷ ൺ཰͕ͦΕͧΕখ͍͞ͱԾఆ

• ֤࣌఺ͷࢼߦ݁ՌΛɺํࡦͷ൑அʢ׆༻͔୳ࡧ͔ʣͱબఆͨ͠࿹ͷਅͷ༗༻ੑ ʢ࠷ద࿹͔Ͳ͏͔ʣͱͷ࢛৅ݶʹ෼ྨͨࠞ͠ಉߦྻʢද1ʣ 43 มԽ΁ͷ௥ैੑͱ୳ࡧޮ཰ͷࢦඪ ( ஋) F0.5 3FDBMMᶃ ᶃᶄ ൪ڰΘͤͷ৔߹ ᶄʹ૬౰͢Δࢼߦ͕ɺ৽ͨͳ࠷ద࿹ͷධՁͷ ߋ৽ʹඞཁɻ৽ͨͳ࠷ద࿹΁ͷ੾Γସ͑ʹ൐ ͍ᶅͷ૿Ճ͕ࢭ·Δ ൪ڰΘͤͰ͸ͳ͍৔߹ ᶅʹ૬౰͢Δࢼߦ͕ɺ࿹ͷධՁͷߋ৽ ͱ੾ΓସΘΓͷݕग़Λ݉ͶΔ 1SFDJTJPOᶃ ᶃᶅ F0.5 = 1.25 Precision ⋅ Recall 0.25Precision + Recall ͳ͓ɺᶄ͸ޡ൑ఆͰ͋Δ΋ͷͷɺ࠷ద࿹Λ બఆ͓ͯ͠Γ୹ظతͳػձଛࣦ͕গͳ͍ͨ Ί1SFDJTJPOΛॏࢹ͢Δ

4. ධՁ

• จ຺ͱ࣌ؒͷܦաʹԠͯ͡࿹ͷ༗༻ੑ͕มԽ͢Δঢ়گͷγϛϡϨʔγϣϯ • όϯσΟοτํࡦͰબఆͨ͠࿹͔ΒಘΒΕΔΫϦοΫ਺ΛγϛϡϨʔτ • ֤࿹ͷύϥϝʔλ ͱίϯςΩετ ͷઢܗ࿨ΛΫϦοΫ཰ͱ͢Δ • ಛఆͷ࿹ʹ͓͍ͯύϥϝʔλͷ2࣍ݩ໨Λ࣌ؒͷܦաʹԠͯ͡มಈͤ͞Δ • ࿹͸10ຊ • ίϯςΩετ͸ θ ∈ R4 x x ∈ X 45 ධՁํ๏

• จ຺ͱ࣌ؒͷܦաʹԠͯ͡࿹ͷ༗༻ੑ͕มԽ͢Δঢ়گͷγϛϡϨʔγϣϯ • όϯσΟοτํࡦͰબఆͨ͠࿹͔ΒಘΒΕΔΫϦοΫ਺ΛγϛϡϨʔτ • ֤࿹ͷύϥϝʔλ ͱίϯςΩετ ͷઢܗ࿨ΛΫϦοΫ཰ͱ͢Δ • ಛఆͷ࿹ʹ͓͍ͯύϥϝʔλͷ2࣍ݩ໨Λ࣌ؒͷܦաʹԠͯ͡มಈͤ͞Δ • ࿹͸10ຊ • ίϯςΩετ͸ θ ∈ R4 x x ∈ X 46 ධՁํ๏ ൪ڰΘͤͳ੾ସ ൪ڰΘͤͰ͸ͳ͍੾ସ

• ఏҊख๏Ͱ͋ΔLKF͸ঢ়ଶͷ࣍ݩ਺ΛίϯςΩετ ͱἧ͑ͨϞσϧΛར༻ • จ຺෇͖ɺ͔ͭɺඇఆৗͳํࡦͰ͋ΔDecay LinUCBɺAdTSɺdLinUCBɺ DenBandɺTVTPɺADA-ILTCB+ͱൺֱ • ͨͩ͠ɺADA-ILTCB+͸ຊઃఆʹ͓͚Δ࣮ߦ࣌ؒͷ౎߹ɺ݁Ռ͔Βআ֎ • ࿹ͷධՁ͕ఆ·ͬͨͷͪͷมԽ΁ͷ௥ैੑΛධՁ͢ΔͨΊ֤࿹ͷ֤ίϯςΩε τ͝ͱʹ50ճͷࢼߦ݁ՌΛ༧Ί༩͑Δ • ཚ਺Λ༻͍ͨγϛϡϨʔγϣϯ݁ՌΛฏۉԽ͢ΔͨΊ50ճͷฏۉΛ݁Ռͱ͠ ͯ༻͍Δɻ·֤ͨํࡦͷύϥϝʔλ͸ࣄલͷ༧උධՁʹΑΓྦྷੵΫϦοΫ਺͕ ଟ͍΋ͷΛબఆͨ͠ x 47 ධՁํ๏

ྦྷੵϦάϨοτͷਪҠʢ্: શίϯςΩετɺԼ: ʣ x = (0,1,0,0) 48 ػձଛࣦͷධՁ • DenBand(94.3)ɺఏҊख๏ͷ LKF(94.8)ͱ΄΅ಉ౳ͷੑೳ • ൪ڰΘͤ΁௥ैͨ͜͠ͱͰશମ తͳϦάϨοτͷ૿ՃΛ཈͑ͨ

49 ػձଛࣦͷධՁ • ํࡦ͝ͱͷ࿹ͷબఆ਺ʹΑΔൺֱ • ࠷্ஈ͸ཧ૝తͳબఆͰͷਪҠ • Decay LinUCB͸TVTPͱɺdLinUCB͸DenBandͱಉ͡ ਪҠಛੑͷͨΊলུ • ͍ͣΕͷख๏΋൪ڰΘͤͰ͸ͳ͍࠷ॳͷ੾ସʹ ͸௥ैʢᒵ৭ͷ૿Ճʣ • AdTSɺTVTPɺʢDecay LinUCBʣ͸൪ڰΘͤ΁ ͷ௥ै͕஗Ε͍ͯΔʢ྘৭͕؇΍͔ʹ૿Ճʣ • DenBandɺʢdLinUCBʣɺఏҊख๏ͷLKF͸൪ ڰΘͤʹ΋ਝ଎ʹ௥ैʢ྘৭ͷٸܹʹ૿Ճʣ

50 มԽ΁ͷ௥ैੑͱ୳ࡧޮ཰ͷධՁ Ͱͷ ஋ͷਪҠʢ+: Precision,ɾ:Recallʣ x = (0,1,0,0) F0.5 • ఏҊख๏ͷLKF͕ߴ͍ਫ४ͰͷPrecisionͱ RecallΛཱ྆͠ɺ஋͕࠷΋େ͖͍ • = ޡ൑ఆͷظؒͱ৽ͨͳ࿹΁ͷ୳ࡧΛ࠷খݶ ʹ཈͍͑ͯΔ • ൪ڰΘͤ΁ͷ௥ै͕஗ΕͨํࡦͰ͸࠷ద࿹΁ͷ ୳ࡧᶄ͕গͳ͍ʢRecall͸େ͖͍ʣ͕ɺҎલͷ ࠷ద࿹΁ͷࢼߦᶅ͕ଟ͍ʢPrecision͕খ͍͞ʣ

51 มԽ΁ͷ௥ैੑͱ୳ࡧޮ཰ͷධՁ Ͱͷ ஋ͷਪҠʢ+: Precision,ɾ:Recallʣ x = (0,1,0,0) F0.5 • AdTSͰ΋൪ڰΘͤ΁ͷ௥ै͕஗ΕͨͨΊLKFΑ Γ ஋͕௿͍ɻ • ൪ڰΘͤͷݕग़ͷͨΊຫੑతʹ୳ࡧᶆ͕ଟ͍ ͜ͱ͔ΒɺશମͰͷϦάϨοτ͸૿Ճ͍ͯ͠ Δ͕มԽظؒʹ͓͚ΔੑೳΛൺֱ͢Δຊࢦඪ ͔Β͸ಡΈऔΕͳ͍ɻ → ຊࢦඪʹ͓͚ΔɺมԽͷͳ͍ظؒͷ୳ࡧޮ ཰ͷ૊ΈࠐΈ͸ࠓޙͷ՝୊ͱ͢Δ F0.5

52 มԽ΁ͷ௥ैੑͱ୳ࡧޮ཰ͷධՁ Ͱͷ ஋ͷਪҠʢ+: Precision,ɾ:Recallʣ x = (0,1,0,0) F0.5 • dLinUCBͱDenBandͰ͸LKFͱಉ౳ఔ౓ͷϦά Ϩοτʹ΋ؔΘΒͣLKFΑΓ΋ ஋͕௿͍ɻ • ࠷ద࿹΁ͷ୳ࡧᶄ͕ۃ୺ʹଟ͍͜ͱʹىҼ͢ Δɻ৽ͨͳ࠷ద࿹΁ͷ୳ࡧΛੵۃతʹߦ͍ͭ ͭ΋ධՁͷߋ৽͸؇΍͔ͳํࡦͱΘ͔Δ → ൪ڰΘ͕ͤ୹ظؒʹߴස౓Ͱൃੜ͢ΔΑ͏ ͳ؀ڥͰͷ՝୊͕͋ΔՄೳੑΛߟྀͨ͠஋ͱ ΈͳͤΔ F0.5 ද ᶃ ᶄ ᶅ ᶆ %FDBZ-JO6$# "E54 E-JO6$# %FO#BOE 5751 -,'

• ਝ଎ʹධՁΛߋ৽͢ΔͨΊͷػߏͱ ͯ͠ɺTVTP͸ཻࢠϑΟϧλɺAdTS͸ ϒʔτετϥοϓΛ࠾༻ͨ͜͠ͱͰ ͜ΕΒͷػߏͷ࣮ߦʹ͕͔͔࣌ؒͬ ͍ͯΔ • DenBand͸ᮢ஋ͷઃఆʹΑͬͯ͸ࢼ ߦճ਺ͷ૿Ճʹ൐͍ɺϞσϧ਺ͷ୹ ௐ૿Ճ͕ൃੜ͠ɺ࣮ߦ͕࣌ؒ૿Ճ͠ ଓ͚Δ՝୊ΛؚΜͰ͍Δ 53 ࣮ߦ࣌ؒͷධՁʢ௥ՃධՁʣ ఏҊख๏͸࿹ͷ਺ʹൺྫͯ͠ߋ৽ͷܭ ࢉྔ͕૿Ճ͢ΔͨΊɺ͜ͷ؍఺Ͱͷൺ ֱධՁ΋ਐΊ͍ͨ

5. ͓ΘΓʹ

• ൪ڰΘͤΛؚΉ؀ڥʹ΋ਝ଎͔ͭޮ཰తʹ௥ैՄೳͳɺઢܗΧϧϚϯϑΟϧλ ͱܽଛ஋ॲཧΛ༻͍ͨଟ࿹όϯσΟοτํࡦΛఏҊͨ͠ • มԽ΁ͷ௥ैੑͱޮ཰ੑΛৄࡉʹ෼ੳ͢ΔͨΊͷࢦඪͱͯ͠ ஋ΛఏҊͨ͠ • ػձଛࣦͷ௿ݮͳΒͼʹ্هࢦඪʹ͓͍ͯɺैདྷͷ࠷ઌ୺ͷํࡦͱൺ΂Ḯ৭͕ ͳ͍͔ɺվળ͢Δ͜ͱΛ֬ೝͨ͠ • ࠓޙ͸τϨϯυ΍पظత੒෼ͷߟྀͷ༗༻ੑΛධՁ͍ͨ͠ • ·ͨɺޡࠩͷ෼ࢄڞ෼ࢄͷஞ࣍తͳਪఆʹΑΔ୳ࡧޮ཰ͷվળͳΒͼʹఏҊࢦ ඪͷվળΛਐΊ͍ͨ F0.5 55 ͓ΘΓʹ

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