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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 cor
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Type: BOOK - Published: 1986-01-01 - Publisher: Courier Corporation
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Explores how decision-makers can manage uncertainty that varies in both kind and severity by extending and supplementing Bayesian decision theory.
Language: en
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In this new edition the author has added substantial material on Bayesian analysis, including lengthy new sections on such important topics as empirical and hie
