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Science/Engineering Decision Theory: Principles and Approaches

Posted on 2010-03-16




Name:Science/Engineering Decision Theory: Principles and Approaches
ASIN/ISBN:047149657X
Language:English
File size:3 Mb
Publisher: Wiley
Pages: 402
Publish Date: 2009-06-09
ISBN: 047149657X
File Type: PDF
File Size: 3 MB
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Decision Theory: Principles and Approaches

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.

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