Can I read Adversarial Risk Analysis,david L.banks,jesus Rios on EtoBox?

Adversarial Risk Analysis,david L.banks,jesus Rios by David L. Banks; Jesus M. Rios Aliaga; David Rios Insua is a book available to read on EtoBox.

What is Adversarial Risk Analysis,david L.banks,jesus Rios about?

Winner of the 2017 De Groot Prize awarded by the International Society for Bayesian Analysis (ISBA) A relatively new area of research, adversarial risk analysis (ARA) informs decision making when there are intelligent opponents and uncertain outcomes. Adversarial Risk Analysis develops methods for allocating defensive or offensive resources against intelligent adversaries. Many examples throughout illustrate the application of the ARA approach to a variety of games and strategic situations. The book shows decision makers how to build Bayesian models for the strategic calculation of their opponents, enabling decision makers to maximize their expected utility or minimize their expected loss. This new approach to risk analysis asserts that analysts should use Bayesian thinking to describe their beliefs about an opponents goals, resources, optimism, and type of strategic calculation, such as minimax and level-k thinking. Within that framework, analysts then solve the problem from the perspective of the opponent while placing subjective probability distributions on all unknown quantities. This produces a distribution over the actions of the opponent and enables analysts to maximize thei

Author

David L. Banks; Jesus M. Rios Aliaga; David Rios Insua

Publisher

CRC Press, Taylor & Francis Group

Published

2016

Language

EN

ISBN

9781040073865

Subjects

Mathematics, Business