Utility-based learning from data

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 stat