Applied statistical decision theory

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Division of Research, Graduate School of Business Adminitration, Harvard University, 1961 - Business & Economics - 356 pages
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"In the field of statistical decision theory, Raiffa and Schlaifer have sought to develop new analytic techniques by which the modern theory of utility and subjective probability can actually be applied to the economic analysis of typical sampling problems." --From the foreword to their classic work "Applied Statistical Decision Theory," First published in the 1960s through Harvard University and MIT Press, the book is now offered in a new paperback edition from Wiley

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The Problem and the Two Basic Modes of Analysis
Combination of Formal and Informal Analysis
Prior Weights and Consistent Behavior

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About the author (1961)

Raiffa is Frank Plumpton Ramsey Professor of Managerial Economics at the Harvard Business School.

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