𝔖 Bobbio Scriptorium
✦   LIBER   ✦

The distinction between inference and decision

✍ Scribed by D. V. Lindley


Publisher
Springer Netherlands
Year
1977
Tongue
English
Weight
474 KB
Volume
36
Category
Article
ISSN
0039-7857

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


The analogy between decision and inferen
✍ Cedric A. B. Smith πŸ“‚ Article πŸ“… 1977 πŸ› Springer Netherlands 🌐 English βš– 977 KB

Professor Birnbaum, in his paper (1976), makes a reasonable and valid distinction between 'evidence', i.e. information affecting beliefs, and 'decision', i.e. choice of course of action. He claims that the Neyman-Pearson theory could be looked at in two ways, either as a theory of inference, that is

Introduction: inference and decision mak
✍ John Geweke; John Rust; Herman K. Van Dijk πŸ“‚ Article πŸ“… 2000 πŸ› John Wiley and Sons 🌐 English βš– 51 KB

A major focus of applied econometric work is decision making in the context of uncertainty. Sometimes this work is several steps removed from the actual decision. For example, it may entail providing information in a form more suited to decision making, or reducing the uncertainty in the decision-ma