Bayesian Decision Analysis
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Decision Analysis
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Author : J. Q. Smith
language : en
Publisher: Chapman & Hall
Release Date : 1988
Decision Analysis written by J. Q. Smith and has been published by Chapman & Hall this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Mathematics categories.
Cloth edition, $47.50.
Bayesian Decision Analysis
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Author : Jim Q. Smith
language : en
Publisher: Cambridge University Press
Release Date : 2010-09-23
Bayesian Decision Analysis written by Jim Q. Smith and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-23 with Mathematics categories.
Bayesian decision analysis supports principled decision making in complex domains. This textbook takes the reader from a formal analysis of simple decision problems to a careful analysis of the sometimes very complex and data rich structures confronted by practitioners. The book contains basic material on subjective probability theory and multi-attribute utility theory, event and decision trees, Bayesian networks, influence diagrams and causal Bayesian networks. The author demonstrates when and how the theory can be successfully applied to a given decision problem, how data can be sampled and expert judgements elicited to support this analysis, and when and how an effective Bayesian decision analysis can be implemented. Evolving from a third-year undergraduate course taught by the author over many years, all of the material in this book will be accessible to a student who has completed introductory courses in probability and mathematical statistics.
Bayesian Decision Analysis
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Author : Jim Q. Smith
language : en
Publisher: Cambridge University Press
Release Date : 2010-09-23
Bayesian Decision Analysis written by Jim Q. Smith and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-23 with Mathematics categories.
Bayesian decision analysis supports principled decision making in complex domains. This textbook takes the reader from a formal analysis of simple decision problems to a careful analysis of the sometimes very complex and data rich structures confronted by practitioners. The book contains basic material on subjective probability theory and multi-attribute utility theory, event and decision trees, Bayesian networks, influence diagrams and causal Bayesian networks. The author demonstrates when and how the theory can be successfully applied to a given decision problem, how data can be sampled and expert judgements elicited to support this analysis, and when and how an effective Bayesian decision analysis can be implemented. Evolving from a third-year undergraduate course taught by the author over many years, all of the material in this book will be accessible to a student who has completed introductory courses in probability and mathematical statistics.
Statistical Decision Theory And Bayesian Analysis
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Author : James O. Berger
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-14
Statistical Decision Theory And Bayesian Analysis written by James O. Berger and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-14 with Mathematics categories.
In this new edition the author has added substantial material on Bayesian analysis, including lengthy new sections on such important topics as empirical and hierarchical Bayes analysis, Bayesian calculation, Bayesian communication, and group decision making. With these changes, the book can be used as a self-contained introduction to Bayesian analysis. In addition, much of the decision-theoretic portion of the text was updated, including new sections covering such modern topics as minimax multivariate (Stein) estimation.
Risk Assessment And Decision Analysis With Bayesian Networks
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Author : Norman Fenton
language : en
Publisher: CRC Press
Release Date : 2012-11-07
Risk Assessment And Decision Analysis With Bayesian Networks written by Norman Fenton and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-07 with Business & Economics categories.
Although many Bayesian Network (BN) applications are now in everyday use, BNs have not yet achieved mainstream penetration. Focusing on practical real-world problem solving and model building, as opposed to algorithms and theory, Risk Assessment and Decision Analysis with Bayesian Networks explains how to incorporate knowledge with data to develop and use (Bayesian) causal models of risk that provide powerful insights and better decision making. Provides all tools necessary to build and run realistic Bayesian network models Supplies extensive example models based on real risk assessment problems in a wide range of application domains provided; for example, finance, safety, systems reliability, law, and more Introduces all necessary mathematics, probability, and statistics as needed The book first establishes the basics of probability, risk, and building and using BN models, then goes into the detailed applications. The underlying BN algorithms appear in appendices rather than the main text since there is no need to understand them to build and use BN models. Keeping the body of the text free of intimidating mathematics, the book provides pragmatic advice about model building to ensure models are built efficiently. A dedicated website, www.BayesianRisk.com, contains executable versions of all of the models described, exercises and worked solutions for all chapters, PowerPoint slides, numerous other resources, and a free downloadable copy of the AgenaRisk software.
Formal Methods In Policy Formulation
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Author : Derek W. Bunn
language : en
Publisher: Birkhäuser
Release Date : 1978
Formal Methods In Policy Formulation written by Derek W. Bunn and has been published by Birkhäuser this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Juvenile Nonfiction categories.
Thls collectlon of papers owes Its orlgin to arecent conference on the toplc of dec ision analysis organised by the Royal Economlc Socfety, durlng the per Iod when one of us {H.T.} served as Programme Secretary for the Socfety. The papers Included here were selected especially for the contrfbutfon they made to the fmplementatfon of decislon analytlc methods In the field of pol fcy formulation. These selected con ference papers have furthermore been supplemented by several fnvited contrlbutions In order to provide a more complete exposition of the overall theme. Thus, the volume now contalns a set of original papers whlch we bel feve contribute slgnlficantly to the most Important aspects of this toplc. The work is grouped into two parts. Part I contalns a critique of analytical meth ods In pollcy formulatlon and defines the essential characterlstlcs of the pollcy process. Although we advocate the declslon analysis approach Insofar as It provfdes what we consfder to be the most acceptable paradfgm for rational action, we do so' onlyon the balance of its merfts, based upon our personal experience of consulting work In the Decislon Analysis Unft at the London Business School. The papars Inclu ded In thfs first part represent, therefore, a dlspassionate evaluation of the place of analytical methods in the effectlve formulation of pol fcy. Part 2 looks at some of the more important aspects In the Implementation of the decisfon analysis approach.
Decision Analysis
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2023-06-27
Decision Analysis written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-06-27 with Computers categories.
What Is Decision Analysis The term "decision analysis" (DA) refers to the academic field that encompasses the theory, technique, and professional practice that are required to tackle significant decisions in an organized fashion. It is possible to prescribe a recommended course of action by applying the maximum expected-utility axiom to a well-formed representation of the decision. Additionally, decision analysis includes many procedures, methods, and tools for translating the formal representation of a decision and its corresponding recommendation into insight for the decision maker, as well as for other corporate and non-corporate stakeholders. How You Will Benefit (I) Insights, and validations about the following topics: Chapter 1: Decision Analysis Chapter 2: Decision Theory Chapter 3: Multiple-criteria Decision Analysis Chapter 4: Expected Value of Sample Information Chapter 5: Decision-making Software Chapter 6: Robust Decision-making Chapter 7: Expected Value of Including Uncertainty Chapter 8: Decision Quality Chapter 9: Value Tree Analysis Chapter 10: Bayesian Inference in Marketing (II) Answering the public top questions about decision analysis. (III) Real world examples for the usage of decision analysis in many fields. (IV) 17 appendices to explain, briefly, 266 emerging technologies in each industry to have 360-degree full understanding of decision analysis' technologies. Who This Book Is For Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of decision analysis.
Risk Assessment And Decision Analysis With Bayesian Networks
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Author : Norman Fenton
language : en
Publisher: CRC Press
Release Date : 2018-09-03
Risk Assessment And Decision Analysis With Bayesian Networks written by Norman Fenton and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-03 with Mathematics categories.
Since the first edition of this book published, Bayesian networks have become even more important for applications in a vast array of fields. This second edition includes new material on influence diagrams, learning from data, value of information, cybersecurity, debunking bad statistics, and much more. Focusing on practical real-world problem-solving and model building, as opposed to algorithms and theory, it explains how to incorporate knowledge with data to develop and use (Bayesian) causal models of risk that provide more powerful insights and better decision making than is possible from purely data-driven solutions. Features Provides all tools necessary to build and run realistic Bayesian network models Supplies extensive example models based on real risk assessment problems in a wide range of application domains provided; for example, finance, safety, systems reliability, law, forensics, cybersecurity and more Introduces all necessary mathematics, probability, and statistics as needed Establishes the basics of probability, risk, and building and using Bayesian network models, before going into the detailed applications A dedicated website contains exercises and worked solutions for all chapters along with numerous other resources. The AgenaRisk software contains a model library with executable versions of all of the models in the book. Lecture slides are freely available to accredited academic teachers adopting the book on their course.
Frontiers Of Statistical Decision Making And Bayesian Analysis
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Author : Ming-Hui Chen
language : en
Publisher: Springer Science & Business Media
Release Date : 2010-07-24
Frontiers Of Statistical Decision Making And Bayesian Analysis written by Ming-Hui Chen and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-07-24 with Mathematics categories.
Research in Bayesian analysis and statistical decision theory is rapidly expanding and diversifying, making it increasingly more difficult for any single researcher to stay up to date on all current research frontiers. This book provides a review of current research challenges and opportunities. While the book can not exhaustively cover all current research areas, it does include some exemplary discussion of most research frontiers. Topics include objective Bayesian inference, shrinkage estimation and other decision based estimation, model selection and testing, nonparametric Bayes, the interface of Bayesian and frequentist inference, data mining and machine learning, methods for categorical and spatio-temporal data analysis and posterior simulation methods. Several major application areas are covered: computer models, Bayesian clinical trial design, epidemiology, phylogenetics, bioinformatics, climate modeling and applications in political science, finance and marketing. As a review of current research in Bayesian analysis the book presents a balance between theory and applications. The lack of a clear demarcation between theoretical and applied research is a reflection of the highly interdisciplinary and often applied nature of research in Bayesian statistics. The book is intended as an update for researchers in Bayesian statistics, including non-statisticians who make use of Bayesian inference to address substantive research questions in other fields. It would also be useful for graduate students and research scholars in statistics or biostatistics who wish to acquaint themselves with current research frontiers.
Bayesian Decision Analysis As A Tool For Structural Engineering Decisions
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Author : Ove Ditlevsen
language : en
Publisher:
Release Date : 1991
Bayesian Decision Analysis As A Tool For Structural Engineering Decisions written by Ove Ditlevsen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Logic diagrams categories.