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Risk Assessment and Decision Analysis with Bayesian Networks

Norman Fenton, Martin Neil




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 | #657867 in Books |  imusti |  2012-11-07 | Original language:English | PDF # 1 |  1.10 x7.00 x10.00l,2.35 | File type: PDF | 524 pages

 | CRC Press

||14 of 14 people found the following review helpful.| The single most important book on Bayesian methods for decision analysts|By Douglas W. Hubbard|Fenton and Neil have successfully made a "crossover" book that reaches broad audiences on a topic which is too often presented in a dry and esoteric manner. It is rich with illustrations, interesting examples, debunking of common fallacies, and a passionate philosophical position o| ||"By offering many attractive examples of Bayesian networks and by making use of software that allows one to play with the networks, readers will definitely get a feel for what can be done with Bayesian networks. … the power and also uniqueness of the b

Although many Bayesian Network (BN) applications are now in everyday use, BNs have not yet achieved mainstream penetration. Focusing on practical real-world problem solving and model building, as opposed to algorithms and theory, Risk Assessment and Decision Analysis with Bayesian Networks explains how to incorporate knowledge with data to develop and use (Bayesian) causal models of risk that provide powerful insights and better decision making.

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