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Item Details
Title: DECISION THEORY
PRINCIPLES AND APPROACHES
By: Giovanni Parmigiani, Lurdes Inoue
Format: Other digital

List price: £66.00


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ISBN 10: 0470746688
ISBN 13: 9780470746684
Publisher: JOHN WILEY AND SONS LTD
Pub. date: 2 December, 2010
Series: Wiley Series in Probability and Statistics
Pages: 402
Description: Decision Theory: Principles and Approaches offers a rich collection of techniques and procedures to reveal preferences and to introduce them into models of decision. Given a set of alternatives, a set of consequences, and a correspondence between those sets, decision theory offers conceptually simple procedures for choice.
Synopsis: Decision theory provides a formal framework for making logical choices in the face of uncertainty. Given a set of alternatives, a set of consequences, and a correspondence between those sets, decision theory offers conceptually simple procedures for choice. This book presents an overview of the fundamental concepts and outcomes of rational decision making under uncertainty, highlighting the implications for statistical practice. The authors have developed a series of self contained chapters focusing on bridging the gaps between the different fields that have contributed to rational decision making and presenting ideas in a unified framework and notation while respecting and highlighting the different and sometimes conflicting perspectives. This book: * Provides a rich collection of techniques and procedures. * Discusses the foundational aspects and modern day practice. * Links foundations to practical applications in biostatistics, computer science, engineering and economics. * Presents different perspectives and controversies to encourage readers to form their own opinion of decision making and statistics.Decision Theory is fundamental to all scientific disciplines, including biostatistics, computer science, economics and engineering. Anyone interested in the whys and wherefores of statistical science will find much to enjoy in this book.
Publication: US
Imprint: Wiley-Blackwell
Prizes: Joint winner of International Society for Bayesian Analysis DeGroot Prize
Returns: Non-returnable
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