Applied Statistical Decision Theory

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9780471383499: Applied Statistical Decision Theory

"In the field of statistical decision theory, Raiffa and Schlaifer have sought to develop new analytic techniques by which the modern theory of utility and subjective probability can actually be applied to the economic analysis of typical sampling problems."
—From the foreword to their classic work Applied Statistical Decision Theory. First published in the 1960s through Harvard University and MIT Press, the book is now offered in a new paperback edition from Wiley

"synopsis" may belong to another edition of this title.

From the Back Cover:

The Wiley Classics Library consists of selected books that have become recognized classics in their respective fields. With these new unabridged and inexpensiveeditions, Wiley hopes to extend the life of these important works by making themavailable to future generations of mathematicians and scientists.

Currently available in the Series:

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Geometric Algebra

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The Elements of Stochastic Processes with Applications to the Natural Sciences

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Differential and Integral Calculus, Volume I

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Differential and Integral Calculus, Volume II

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Introduction to Geometry, Second Edition

Charles W. Curtis & Irving Reiner
Representation Theory of Finite Groups and Associative Algebras

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Methods of Representation Theory with Applicationsto Finite Groups and Orders, Volume I

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Methods of Representation Theory with Applications to Finite Groups and Orders, Volume II

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Fitting Equations to Data: Computer Analysis of Multifactor Data, Second Edition

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Theory of Probability, Volume I

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Theory of Probability, Volume 2

W. Edwards Deming
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Amos de Shalit & Herman Feshbach
Theoretical Nuclear Physics, Volume 1-- Nuclear Structure

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Sample Survey Methods andTheory, Volume II--Theory

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Applied and Computational Complex Analysis, Volume 2--Special Functions--Integral Transforms--Asymptotics--Continued Fractions

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Applied and Computational Complex Analysis, Volume 3--Discrete Fourier Analysis--Cauchy Integrals--Construction of Conformal Maps--Univalent Functions

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About the Author:

Howard Raiffa is Frank P. Ramsey Professor of Managerial Economics (Emeritus), Harvard Business School and Harvard's Kennedy School of Government.

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Howard Raiffa; Robert Schlaifer
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Book Description John Wiley and Sons Ltd, United States, 2000. Paperback. Book Condition: New. New edition. 235 x 157 mm. Language: English . Brand New Book ***** Print on Demand *****. This volume presents Raiffa and Schlaifer s groundbreaking examination of the applications of Bayesian statistical theory to real-life business problems of decision under conditions of uncertainty. The emphasis is on identifying a course of action that is logically consistent with the decision maker s own preference for consequences, as expressed by numerical utilities, and with the weight s/he attaches to unknown variables, as expressed by numerical probabilities. Well-organized with self-contained chapters, suitable for both complete and selected study of topics. Clear outline format and detailed table of contents allows for easy referencing. Extremely useful for its historical value. From the reviews: . Raiffa and Schlaifer have contributed a major work and a major stimulus to further work. I hope especially that mathematical statisticians will read it and be encouraged to develop the fascinating lines of research that are suggested by it. I recommend it strongly to all statisticians seriously interested in applying statistics to real problems. --ASA Journal. There is no comparable book. It should have an important effect on the future development of the subject. --Mathematical Reviews. Bookseller Inventory # AAV9780471383499

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Book Description John Wiley and Sons Ltd, United States, 2000. Paperback. Book Condition: New. New edition. 235 x 157 mm. Language: English . Brand New Book ***** Print on Demand *****.This volume presents Raiffa and Schlaifer s groundbreaking examination of the applications of Bayesian statistical theory to real-life business problems of decision under conditions of uncertainty. The emphasis is on identifying a course of action that is logically consistent with the decision maker s own preference for consequences, as expressed by numerical utilities, and with the weight s/he attaches to unknown variables, as expressed by numerical probabilities. Well-organized with self-contained chapters, suitable for both complete and selected study of topics. Clear outline format and detailed table of contents allows for easy referencing. Extremely useful for its historical value. From the reviews: . Raiffa and Schlaifer have contributed a major work and a major stimulus to further work. I hope especially that mathematical statisticians will read it and be encouraged to develop the fascinating lines of research that are suggested by it. I recommend it strongly to all statisticians seriously interested in applying statistics to real problems. --ASA Journal. There is no comparable book. It should have an important effect on the future development of the subject. --Mathematical Reviews. Bookseller Inventory # AAV9780471383499

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