A comprehensive and accessible introduction to all aspects of decision theory, now with new and updated discussions and over 140 exercises.

Now revised and updated, this introduction to decision theory is both accessible and comprehensive, covering topics including decision making under ignorance an

Explores how decision-makers can manage uncertainty that varies in both kind and severity by extending and supplementing Bayesian decision theory.

Decision theory provides a formal framework for making logical choices in the face of uncertainty. Given a set of alternatives, a set of consequences, and a cor

This well-respected introduction to statistics and statistical theory covers data processing, probability and random variables, utility and descriptive statisti