Strategic economic decision-making using bayesian belief networks to solve complex problems Jeff Grover

Format:

Book

Author/Creator:

Grover, Jeff

Series:

SpringerBriefs in statistics

SpringerBriefs in statistics 2191-544X

Language:

English

Subjects (All):

Bayesian statistical decision theory.

Economics--Decision making.

Economics.

Physical Description:

1 online resource

Place of Publication:

New York, NY Springer ©2013

Language Note:

English

System Details:

text file

PDF

Summary:

Strategic Economic Decision-Making: Using Bayesian Belief Networks to Solve Complex Problems is a quick primer on the topic that introduces readers to the basic complexities and nuances associated with learning Bayes' theory and inverse probability for the first time. This brief is meant for non-statisticians who are unfamiliar with Bayes' theorem, walking them through the theoretical phases of set and sample set selection, the axioms of probability, probability theory as it pertains to Bayes' theorem, and posterior probabilities. All of these concepts are explained as they appear in the methodology of fitting a Bayes' model, and upon completion of the text readers will be able to mathematically determine posterior probabilities of multiple independent nodes across any system available for study. Very little has been published in the area of discrete Bayes' theory, and this brief will appeal to non-statisticians conducting research in the fields of engineering, computing, life sciences, and social sciences

Contents:

An Introduction to Bayes' Theorem and Bayesian Belief Networks (BBN) A Literature Review of Bayes' Theorem and Bayesian Belief Networks (BBN) Statistical Properties of Bayes' Theorem Bayesian Belief Networks (BBN) Experimental Protocol Manufacturing Example Political Science Example Gambling Example Publicly Traded Company Default Example Insurance Risk Levels Example Acts of Terrorism (AOT) Example Currency Wars Example College Entrance Exams Example Special Forces Assessment and Selection (SFAS) One-Stage Example Special Forces Assessment and Selection (SFAS) Two-Stage Example

Notes:

Includes bibliographical references and index

ISBN:

9781461460404

1461460409

1461460395

9781461460398

1283934485

9781283934480

OCLC:

822978250

Access Restriction:

Restricted for use by site license