Risk Assessment and Decision Analysis with Bayesian NetworksSince 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
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. |
Contents
The Need for Causal Explanatory Models in Risk Assessment | 2-43 |
The Inevitability of Subjectivity | 3-22 |
The Basics of Probability | 3-43 |
Bayes Theorem and Conditional Probability | 3-68 |
Chapter 7 | 7-7 |
Chapter 15 | 7-15 |
Chapter 8 | 8-57 |
Building and Eliciting Node Probability Tables | 8-63 |
Population Mean and Variance from Sample Mean | 10-98 |
Modeling Operational Risk | 13-1 |
Systems Reliability Modeling | 13-24 |
The Role of Bayes in Forensic and Legal Evidence Presentation | 13-59 |
Further Reading | 13-90 |
Further Reading | 13-125 |
Learning from Data in Bayesian Networks | 13-126 |
The Basics of Counting | 13-150 |
Numeric Variables and Continuous Distribution Functions | 9-53 |
Dependent | 10-7 |
Chapter 16 | 10-16 |
Decision Analysis Decision Trees Value of Information Analysis | 10-50 |
Hypothesis Testing and Confidence Intervals | 10-76 |
Other editions - View all
Risk Assessment and Decision Analysis with Bayesian Networks Norman Fenton,Martin Neil Limited preview - 2018 |
Risk Assessment and Decision Analysis with Bayesian Networks, Second Edition Norman Fenton,Martin Neil No preview available - 2018 |