Applied Statistical Decision Theory

Howard Raiffa was an American academic who was the Frank P. Ramsey Professor of Managerial Economics, a joint chair held by the Business School and the Kennedy School of Government at Harvard University.Robert Schlaifer is the author of Applied Statistical Decision Theory, published by Wiley.

• EXPERIMENTATION AND DECISION: GENERAL THEORY. The Problem and the Two Basic Modes of Analysis. Sufficient Statistics and Noninformative Stopping. Conjugate Prior Distributions. EXTENSIVE-FORM ANALYSIS WHEN SAMPLING AND TERMINAL UTILITIES ARE ADDITIVE. Additive Utility, Opportunity Loss, and the Value of Information: Introduction to Part II. Linear Terminal Analysis. Selection of the Best of Several Processes. Problems in Which the Act and State Spaces Coincide. DISTRIBUTION THEORY. Univariate Normalized Mass and Density Functions. Multivariate Normalized Density Functions. Bernoulli Process. Poisson Process. Independent Normal Process. Independent Multinormal Process. Normal Regression Process.