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{ "item_title" : "Bayesian Decision Analysis", "item_author" : [" Jim Q. Smith "], "item_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.", "item_img_path" : "https://covers1.booksamillion.com/covers/bam/0/52/176/454/0521764548_b.jpg", "price_data" : { "retail_price" : "83.00", "online_price" : "83.00", "our_price" : "83.00", "club_price" : "83.00", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }
Bayesian Decision Analysis|Jim Q. Smith

Bayesian Decision Analysis

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Overview

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.

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Details

  • ISBN-13: 9780521764544
  • ISBN-10: 0521764548
  • Publisher: Cambridge University Press
  • Publish Date: September 2010
  • Dimensions: 9.7 x 6.9 x 0.9 inches
  • Shipping Weight: 1.8 pounds
  • Page Count: 348

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