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Bayesian Decision Analysis
Contributor(s): Smith, Jim Q. (Author)
ISBN: 0521764548     ISBN-13: 9780521764544
Publisher: Cambridge University Press
OUR PRICE:   $71.24  
Product Type: Hardcover - Other Formats
Published: November 2010
Qty:
Additional Information
BISAC Categories:
- Mathematics | Probability & Statistics - General
- Mathematics | Linear & Nonlinear Programming
Dewey: 519.542
LCCN: 2010031690
Physical Information: 0.9" H x 6.9" W x 9.7" (1.80 lbs) 348 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
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.

Contributor Bio(s): Smith, Jim Q.: - Jim Q. Smith is a Professor of Statistics at the University of Warwick.