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Bestseller
BestsellerE-book
Author Smith, J. Q., 1953-

Title Bayesian decision analysis : principles and practice / Jim Q. Smith.

Publication Info. Cambridge ; New York : Cambridge University Press, 2010.

Item Status

Description 1 online resource (ix, 338 pages) : illustrations
Physical Medium polychrome
Description text file
Series Knovel Library.
Summary "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"--Provided by publisher.
Bibliography Includes bibliographical references (pages 322-334) and index.
Contents Foundations of decision modeling. Introduction -- Explanations of processes and trees -- Utilities and rewards -- Subjective probability and its elicitation -- Bayesian inference for decision analysis Multi-dimensional decision modeling. Multiattribute utility theory -- Bayesian networks -- Graphs, decisions and causality -- Multidimensional learning -- Conclusions.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Bayesian statistical decision theory.
Bayesian statistical decision theory.
Genre/Form Electronic books.
Electronic books.
Other Form: Print version: Smith, J.Q., 1953- Bayesian decision analysis. Cambridge, UK ; New York : Cambridge University Press, 2010 9780521764544 (DLC) 2010031690 (OCoLC)619125102
ISBN 9780511860355 (electronic book)
0511860358 (electronic book)
9780511857744 (electronic book)
0511857748 (electronic book)
9780511856006 (electronic book)
0511856008 (electronic book)
0511856873
9780511856877
9780511779237 (electronic book)
0511779232 (electronic book)
9786612941887
661294188X
9780521764544 (hardback)
0521764548 (hardback)