Making Decisions
D. V. Lindley
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Description for Making Decisions
Paperback. 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. Num Pages: 220 pages, illustrations, index. BIC Classification: PBW. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 154 x 230 x 19. Weight in Grams: 342.
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 ... Read more
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 ... Read more
Product Details
Publisher
John Wiley and Sons Ltd United Kingdom
Number of pages
220
Format
Paperback
Publication date
1991
Condition
New
Weight
341 g
Number of Pages
220
Place of Publication
New York, United States
ISBN
9780471908081
SKU
V9780471908081
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-50
About D. V. Lindley
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, ... Read more
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