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Risk Assessment and Decision Analysis with Bayesian Networks (Hardcover, 2nd edition)
Loot Price: R1,882
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Risk Assessment and Decision Analysis with Bayesian Networks (Hardcover, 2nd edition)
Expected to ship within 12 - 17 working days
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Since the first edition of this book published, Bayesian networks
have become even more important for applications in a vast array of
fields. This second edition includes new material on influence
diagrams, learning from data, value of information, cybersecurity,
debunking bad statistics, and much more. Focusing on practical
real-world problem-solving and model building, as opposed to
algorithms and theory, it explains how to incorporate knowledge
with data to develop and use (Bayesian) causal models of risk that
provide more powerful insights and better decision making than is
possible from purely data-driven solutions. Features 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, forensics,
cybersecurity and more Introduces all necessary mathematics,
probability, and statistics as needed Establishes the basics of
probability, risk, and building and using Bayesian network models,
before going into the detailed applications A dedicated website
contains exercises and worked solutions for all chapters along with
numerous other resources. The AgenaRisk software contains a model
library with executable versions of all of the models in the book.
Lecture slides are freely available to accredited academic teachers
adopting the book on their course.
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