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Risk Assessment and Decision Analysis with Bayesian Networks by Martin Neil and Norman Fenton (2012, Hardcover)

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· Provides all tools necessary to build and run realistic Bayesian network models. Fenton&Neil. Authors: Norman Fenton & Martin Neil. The book first establishes the basics of probability, risk, and building and using BN models, then goes into the detailed applications.

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Product Information

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. Provides all tools necessary to build and run realistic Bayesian network models Supplies extensive example models based on real risk assessment problems in a wide range of application domains provided; for example, finance, safety, systems reliability, law, and more Introduces all necessary mathematics, probability, and statistics as needed The book first establishes the basics of probability, risk, and building and using BN models, then goes into the detailed applications. The underlying BN algorithms appear in appendices rather than the main text since there is no need to understand them to build and use BN models. Keeping the body of the text free of intimidating mathematics, the book provides pragmatic advice about model building to ensure models are built efficiently. A dedicated website, www.BayesianRisk.com, contains executable versions of all of the models described, exercises and worked solutions for all chapters, PowerPoint slides, numerous other resources, and a free downloadable copy of the AgenaRisk software.

Product Identifiers

Publisher
CRC Press LLC
ISBN-10
1439809100
ISBN-13
9781439809105
eBay Product ID (ePID)
108429445

Product Key Features

Author
Martin Neil, Norman Fenton
Publication Name
Risk Assessment and Decision Analysis with Bayesian Networks
Format
Hardcover
Language
English
Publication Year
2012
Type
Textbook
Number of Pages
524 Pages

Dimensions

Item Length
10.1in
Item Height
1.3in
Item Width
7.3in
Item Weight
39.3 Oz

Additional Product Features

Lc Classification Number
Hd61
Reviews
â€¦ although there have been several excellent books dedicated to Bayesian Networks and related methods, these books tend to be aimed at readers who already have a high level of mathematical sophistication â€¦ . As such they are not accessible to readers who are not already proficient in those subjects. This book is an exciting development because it addresses this problem. â€¦ it should be understandable by any numerate reader interested in risk assessment and decision making. The book provides sufficient motivation and examples (as well as the mathematics and probability where needed from scratch) to enable readers to understand the core principles and power of Bayesian networks. However, the focus is on ensuring that readers can build practical Bayesian network models â€¦ readers are provided with a tool that performs the propagation, so they will be able to build their own models to solve real-world risk assessment problems. -From the Foreword by Judea Pearl, UCLA Computer Science Department and 2011 Turing Award winner, This is the book I have wanted to see for many years. Whilst we are entitled to see appropriate duty of care in any risk management scenario, ill-informed practice is in fact prevalent in industry and society. There is little real excuse for this as classical decision theory has a long established history, and it can now be operationalized in complex scenarios using the Bayesian network technology that is a core theme of this book. The problem has been that most books on Bayesian networks and decision theory focus in depth on the technical foundations, and provide little in the way of practical guidance on how to use the technology to support real-world risk assessment and decision making. In contrast, Norman Fenton and Martin Neil have provided a clearly written and highly readable book that is packed with informative and insightful examples. I had fun reading it, but there is also sufficient technical detail so that one can obtain a deep understanding of the subject from studying the book. It is a joy, and one that I keep dipping back into. -Paul Krause, Professor of Software Engineering, University of Surrey â€¦ although there have been several excellent books dedicated to Bayesian networks and related methods, these books tend to be aimed at readers who already have a high level of mathematical sophistication â€¦ . As such they are not accessible to readers who are not already proficient in those subjects. This book is an exciting development because it addresses this problem. â€¦ it should be understandable by any numerate reader interested in risk assessment and decision making. The book provides sufficient motivation and examples (as well as the mathematics and probability where needed from scratch) to enable readers to understand the core principles and power of Bayesian networks. However, the focus is on ensuring that readers can build practical Bayesian network models â€¦ readers are provided with a tool that performs the propagation, so they will be able to build their own models to solve real-world risk assessment problems. -From the Foreword by Judea Pearl, UCLA Computer Science Department and 2011 Turing Award winner
Copyright Date
2013
Topic
Methodology, Decision-Making & Problem Solving, Probability & Statistics / General, Management Science, Databases / Data Mining, Probability & Statistics / Bayesian Analysis
Lccn
2012-015766
Dewey Decimal
519.5/42
Intended Audience
College Audience
Dewey Edition
23
Illustrated
Yes
Genre
Computers, Business & Economics, Mathematics, Social Science

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Risk Assessment and Decision Analysis with Bayesian Networks by Martin Neil and Norman Fenton (2012, Hardcover)

About this product

Product Information

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All listings for this product

item 1 Risk Assessment and Decision Analysis with Bayesian Networks - Hardcover - GOOD

item 2 Risk Assessment and Decision Analysis with Bayesian Networks - ACCEPTABLE

item 3 Risk Assessment and Decision Analysis with Bayesian Networks, Neil, Martin,Fento

item 4 Risk Assessment and Decision Analysis with Bayesian ... by Neil, Martin Hardback

item 5 Risk Assessment and Decision Analysis with Bayesian Networks

item 6 Risk Assessment and Decision Analysis with Bayesian Networks

item 7 Risk Assessment and Decision Analysis with Bayesian Networks by Norman Fenton

Best Selling in Textbooks

Diagnostic and Statistical Manual of Mental Disorders DSM-5-TR by American Psychiatric Association (2022, Trade Paperback)

Leadership : Theory and Practice by Peter G. Northouse (2021, Trade Paperback, Revised edition)

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Self Heal by Design : The Role of Micro-organisms for Health by Barbara O'Neill (2018, Trade Paperback)

Research Design : Qualitative, Quantitative, and Mixed Methods Approaches by J. David Creswell and John W. Creswell (2022, Trade Paperback)

Designing Data-Intensive Applications : The Big Ideas Behind Reliable, Scalable, and Maintainable Systems by Martin Kleppmann (2017, Trade Paperback)

Cognitive Behavior Therapy : Basics and Beyond by Judith S. Beck (2020, Hardcover)

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Diagnostic and Statistical Manual of Mental Disorders DSM-5-TR Brand new

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