Fenton, Norman

Risk Assessment and Decision Analysis with Bayesian Networks

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ISBN 13:
9781032917917
author:
Fenton, Norman
format:
Paperback
publisher:
Chapman & Hall/CRC
language:
English
Publication Year:
2024
Pages:
660
Dimensions:
25.4 x 17.8 centimetres (1.22 kg
Genre:
Business, Management, Science,
Condition:
New
Availability:
Item usually sent within 10 working days
£49.61

Description

Bayesian networks have become increasingly important for a wide range of applications, and this second edition of Risk Assessment and Decision Analysis with Bayesian Networks brings new material to the table. The book focuses on practical real-world problem-solving and model building, explaining how to incorporate knowledge with data to develop and use causal models of risk that provide more powerful insights than purely data-driven solutions. The book provides all the necessary tools to build and run realistic Bayesian network models, along with extensive example models based on real risk assessment problems in various domains, including finance, safety, systems reliability, law, forensics, and cybersecurity. It also introduces the necessary mathematics, probability, and statistics as needed, establishing the basics of probability, risk, and building and using Bayesian network models. Supplementary resources include a dedicated website with exercises and worked solutions, as well as the AgenaRisk software, which contains a model library with executable versions of the models in the book.

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