Name: Utility-Based Learning From Data (en Inglés)
Price: 245419.00 COP
Availability: InStock
Author: Craig Friedman; Sven Sandow
ISBN: 9780367452322

portada Utility-Based Learning From Data (en Inglés)

Utility-Based Learning From Data (en Inglés)

Formato

Libro Físico

Autor

Craig Friedman; Sven Sandow

Año

2019

Idioma

Inglés

N° páginas

417

Encuadernación

Tapa Blanda

ISBN13

9780367452322

N° edición

Categorías

Econometría

Utility-Based Learning From Data (en Inglés)

Craig Friedman; Sven Sandow (Autor) · · Tapa Blanda

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Reseña del libro "Utility-Based Learning From Data (en Inglés)"

Utility-Based Learning from Data provides a pedagogical, self-contained discussion of probability estimation methods via a coherent approach from the viewpoint of a decision maker who acts in an uncertain environment. This approach is motivated by the idea that probabilistic models are usually not learned for their own sake; rather, they are used to make decisions. Specifically, the authors adopt the point of view of a decision maker who(i) operates in an uncertain environment where the consequences of every possible outcome are explicitly monetized,(ii) bases his decisions on a probabilistic model, and(iii) builds and assesses his models accordingly.These assumptions are naturally expressed in the language of utility theory, which is well known from finance and decision theory. By taking this point of view, the book sheds light on and generalizes some popular statistical learning approaches, connecting ideas from information theory, statistics, and finance. It strikes a balance between rigor and intuition, conveying the main ideas to as wide an audience as possible.