Decision Theory: Principles and Approaches: 643 (Wiley Series in Probability and Statistics) - Hardcover

Parmigiani

Hardcover

ISBN 10: 047149657X ISBN 13: 9780471496571

Publisher: Wiley, 2009

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.

About this title

Review:

"Also anyone interested in learning more about decision theoretic experimental design (a topic of growing interest for example in sequential clinical trials) will find a useful overview and a good starting point for further investigations." (Stat Papers, 2011)

"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." (Mathematical Reviews, 2011)

Synopsis:

"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. It is fundamental to all scientific disciplines, including biostatistics, computer science, economics and engineering.

About this edition

• Publisher: Wiley
• Publication date: 2009
• ISBN 10: 047149657X
• ISBN 13: 9780471496571
• Binding: Hardcover
• Edition number: 1
• Number of pages: 403