Dennis V. Lindley:Entscheidungen treffen von Dennis V. Lindley (englisch) Taschenbuch Buch
- Paperback ISBN: 9780471908081
It shows that only maximization of expected utility leads to sensible decision-making. by Dennis V. Lindley. Author Dennis V. Lindley. Making Decisions. Decisions and Uncertain Events. Th… More...
It shows that only maximization of expected utility leads to sensible decision-making. by Dennis V. Lindley. Author Dennis V. Lindley. Making Decisions. Decisions and Uncertain Events. The Laws of Probability. The Nile on eBay FREE SHIPPING UK WIDE Making Decisions by Dennis V. Lindley Making Decisions Second Edition D.V. Lindley Formerly Professor of Statistics, University College London This book looks at the problems involved in decision-making and argues that there is only one logical way to make a decision. FORMATPaperback LANGUAGEEnglish CONDITIONBrand New Publisher Description Making Decisions Second Edition D.V. Lindley Formerly Professor of Statistics, University College London This book looks at the problems involved in decision-making and argues that there is only one logical way to make a decision. By the use of three basic principles—assigning probabilities to the uncertain events; assigning utilities to the possible consequences; and choosing that decision that maximizes expected utility—decisions can be reached more efficiently and with less disagreement. It shows that only maximization of expected utility leads to sensible decision-making. This extensively revised second edition uses only elementary mathematics and will be of interest to all those concerned with decision-making and its consequences. Since his retirement from University College London in 1977 Professor Lindley has held visiting appointments at Berkeley, University of Florida, George Washington University, University of Sao Paulo, University of Wisconsin, Monash University, Australia, and University of Canterbury, New Zealand. Contents Decisions and uncertain eventsA numerical measure for uncertaintyThe laws of probabilityA numerical measure for consequencesThe utility of moneyBayes' TheoremValue of informationDecision treesThe assessment of probabilities and utilitiesAn appreciation Appendix Answers to exercises Glossary of Symbols Subject Index Back Cover Making Decisions Second Edition D.V. Lindley Formerly Professor of Statistics, University College London This book looks at the problems involved in decision-making and argues that there is only one logical way to make a decision. By the use of three basic principles--assigning probabilities to the uncertain events; assigning utilities to the possible consequences; and choosing that decision that maximizes expected utility--decisions can be reached more efficiently and with less disagreement. It shows that only maximization of expected utility leads to sensible decision-making. This extensively revised second edition uses only elementary mathematics and will be of interest to all those concerned with decision-making and its consequences. Since his retirement from University College London in 1977 Professor Lindley has held visiting appointments at Berkeley, University of Florida, George Washington University, University of Sao Paulo, University of Wisconsin, Monash University, Australia, and University of Canterbury, New Zealand. Contents Decisions and uncertain events A numerical measure for uncertainty The laws of probability A numerical measure for consequences The utility of money Bayes' Theorem Value of information Decision trees The assessment of probabilities and utilities An appreciation Appendix Answers to exercises Glossary of Symbols Subject Index Flap Making Decisions Second Edition D.V. Lindley Formerly Professor of Statistics, University College London This book looks at the problems involved in decision-making and argues that there is only one logical way to make a decision. By the use of three basic principles--assigning probabilities to the uncertain events; assigning utilities to the possible consequences; and choosing that decision that maximizes expected utility--decisions can be reached more efficiently and with less disagreement. It shows that only maximization of expected utility leads to sensible decision-making. This extensively revised second edition uses only elementary mathematics and will be of interest to all those concerned with decision-making and its consequences. Since his retirement from University College London in 1977 Professor Lindley has held visiting appointments at Berkeley, University of Florida, George Washington University, University of Sao Paulo, University of Wisconsin, Monash University, Australia, and University of Canterbury, New Zealand. Contents Decisions and uncertain events A numerical measure for uncertainty The laws of probability A numerical measure for consequences The utility of money Bayes' Theorem Value of information Decision trees The assessment of probabilities and utilities An appreciation Appendix Answers to exercises Glossary of Symbols Subject Index Author Biography DENNIS V. LINDLEY is Professor Emeritus of Statistics and the former Head of Department at University College London. He is a Guy Medalist in Gold of the Royal Statistical Society and a founding organizer and former president of the celebrated Valencia International Meetings on Bayesian Statistics. Professor Lindley has published over 100 scholarly articles and several books, including Making Decisions, also published by Wiley. Table of Contents Decisions and Uncertain Events. A Numerical Measure for Uncertainty. The Laws of Probability. A Numerical Measure for Consequences. The Utility of Money. Bayes' Theorem. Value of Information. Decision Trees. The Assessment of Probabilities and Utilites. An Appreciation. Appendix. Answers to Exercises. Glossary of Symbols. Subject Index. Long Description Making Decisions Second Edition D.V. Lindley Formerly Professor of Statistics, University College London This book looks at the problems involved in decision-making and argues that there is only one logical way to make a decision. By the use of three basic principles assigning probabilities to the uncertain events; assigning utilities to the possible consequences; and choosing that decision that maximizes expected utility decisions can be reached more efficiently and with less disagreement. It shows that only maximization of expected utility leads to sensible decision-making. This extensively revised second edition uses only elementary mathematics and will be of interest to all those concerned with decision-making and its consequences. Since his retirement from University College London in 1977 Professor Lindley has held visiting appointments at Berkeley, University of Florida, George Washington University, University of Sao Paulo, University of Wisconsin, Monash University, Australia, and University of Canterbury, New Zealand. Contents Decisions and uncertain events A numerical measure for uncertainty The laws of probability A numerical measure for consequences The utility of money Bayes' Theorem Value of information Decision trees The assessment of probabilities and utilities An appreciation Appendix Answers to exercises Glossary of Symbols Subject Index Feature Decisions and Uncertain Events. A Numerical Measure for Uncertainty. The Laws of Probability. A Numerical Measure for Consequences. The Utility of Money. Bayes' Theorem. Value of Information. Decision Trees. The Assessment of Probabilities and Utilites. An Appreciation. Appendix. Answers to Exercises. Glossary of Symbols. Subject Index. Details ISBN0471908088 Author Dennis V. Lindley Pages 220 Language English Edition 2nd ISBN-10 0471908088 ISBN-13 9780471908081 Media Book Format Paperback DEWEY 519.542 Illustrations illustrations, index Short Title MAKING DECISIONS REV/E 2/E Imprint John Wiley & Sons Inc Place of Publication New York Country of Publication United States DOI 10.1604/9780471908081 UK Release Date 1985-10-16 AU Release Date 1991-04-05 NZ Release Date 1991-04-05 Publisher John Wiley & Sons Inc Edition Description 2nd edition Year 1985 Publication Date 1985-10-16 Alternative 9780471908036 Audience Postgraduate, Research & Scholarly US Release Date 1985-10-16 We've got thisAt The Nile, if you're looking for it, we've got it.With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! 30 DAY RETURN POLICYNo questions asked, 30 day returns! FREE DELIVERYNo matter where you are in the UK, delivery is free. SECURE PAYMENTPeace of mind by paying through PayPal and eBay Buyer Protection TheNile_Item_ID:153673912; , Neu, Festpreisangebot, [LT: FixedPrice], ISBN-13: 9780471908081, Book Title: Making Decisions, Publication Year: 1985, Type: Textbook, Format: Paperback, Language: English, Publication Name: Making Decisions, Item Height: 234mm, Item Width: 147mm, Subject: Mathematics, Item Weight: 364g, Number of Pages: 220 Pages, John Wiley & Sons INC International Concepts<
