Author Description

Statistical learning, particularly probabilistic model learning, has become increasingly important in recent years. Probabilistic models, however, are not usually studied for their own sake but for decision-making purposes. Written by authorities in the field, ""Utility-Based Learning from Data"" approaches the probabilistic modeling problem from the point of view of decision makers who operate in an uncertain environment, base their decisions on a probabilistic model, and build and assess this model accordingly. After reviewing utility theory, the book surveys and extends popular statistical