{"product_id":"optimal-learning","title":"Optimal Learning","description":"\u003cb\u003eLearn the science of collecting information to make effective decisions\u003c\/b\u003e  \u003cp\u003eEveryday decisions are made without the benefit of accurate information. \u003ci\u003eOptimal Learning\u003c\/i\u003e develops the needed principles for gathering information to make decisions, especially when collecting information is time-consuming and expensive. Designed for readers with an elementary background in probability and statistics, the book presents effective and practical policies illustrated in a wide range of applications, from energy, homeland security, and transportation to engineering, health, and business.\u003c\/p\u003e \u003cp\u003eThis book covers the fundamental dimensions of a learning problem and presents a simple method for testing and comparing policies for learning. Special attention is given to the knowledge gradient policy and its use with a wide range of belief models, including lookup table and parametric and for online and offline problems. Three sections develop ideas with increasing levels of sophistication:\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003e\n\u003cb\u003eFundamentals\u003c\/b\u003e explores fundamental topics, including adaptive learning, ranking and selection, the knowledge gradient, and bandit problems\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eExtensions and Applications\u003c\/b\u003e features coverage of linear belief models, subset selection models, scalar function optimization, optimal bidding, and stopping problems\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eAdvanced Topics\u003c\/b\u003e explores complex methods including simulation optimization, active learning in mathematical programming, and optimal continuous measurements\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eEach chapter identifies a specific learning problem, presents the related, practical algorithms for implementation, and concludes with numerous exercises. A related website features additional applications and downloadable software, including MATLAB and the Optimal Learning Calculator, a spreadsheet-based package that provides an introduc­tion to learning and a variety of policies for learning.\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":54240804962648,"sku":"9780470596692","price":117.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9780470596692_a5252adf-4f71-46b6-a6d5-a93683d68b90.jpg?v=1780398044","url":"https:\/\/agendabookshop.com\/products\/optimal-learning","provider":"Agenda Bookshop","version":"1.0","type":"link"}