Classification in the Wild: The Science and Art of Transparent Decision Making

Katsikopoulos, Konstantinos V.; Simsek, Ozgur; Buckmann, Marcus; Gigerenzer, Gerd

ISBN 10: 026204515X / ISBN 13: 9780262045155

Published by The MIT Press, 2021

About this Item

This is a pre-loved book that shows moderate signs of wear from previous reading. You may notice creases, edge wear, or a cracked spine, but it remains in solid, readable condition.Please note:-May include library or rental stickers, stamps, or markings.-Supplemental materials e.g., CDs, access codes, inserts are not guaranteed.-Box sets may not come with the original outer box. If it does, the box will not be in perfect condition. -Sourced from donation centers; authenticity not verified with publisher. Your satisfaction is our top priority! If you have any questions or concerns about your order, please don't hesitate to reach out. Thank you for shopping with us and supporting small businessâ happy reading!

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Bibliographic Details

• Title: Classification in the Wild: The Science and Art of Transparent Decision Making
• Publisher: The MIT Press
• Publication Date: 2021
• Language: English
• ISBN 10: 026204515X
• ISBN 13: 9780262045155
• Binding: Hardcover
• Condition: good

About this title

Synopsis

Rules for building formal models that use fast-and-frugal heuristics, extending the psychological study of classification to the real world of uncertainty.

This book focuses on classification--allocating objects into categories--"in the wild," in real-world situations and far from the certainty of the lab. In the wild, unlike in typical psychological experiments, the future is not knowable and uncertainty cannot be meaningfully reduced to probability. Connecting the science of heuristics with machine learning, the book shows how to create formal models using classification rules that are simple, fast, and transparent and that can be as accurate as mathematically sophisticated algorithms developed for machine learning.

About the Author

Konstantinos Katsikopoulos is Associate Professor (Reader) of Behavioural Operations at the Southampton Business School, where he is also Head of Research in the Department of Decision Analytics and Risk. Ozgur Simsek is Senior Lecturer in Machine Learning in the Department of Computer Science at the University of Bath, where he is also Deputy Director of the Institute for Mathematical Innovation. Marcus Buckmann is Senior Data Research Analyst at the Advanced Analytics Division of the Bank of England. Gerd Gigerenzer is Director of the Harding Center for Risk Literacy at the Max Planck Institute for Human Development in Berlin and Partner in Simply Rational--The Institute for Decisions.