Optimal Learning PDF (Adobe DRM) download by Warren B. Powell

Optimal Learning

Publication date: April 2012
ISBN: 9781118309827
Digital Book format: PDF (Adobe DRM)


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Learn the science of collecting information to make effective decisions

Everyday decisions are made without the benefit of accurate information. Optimal Learning 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.

This 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:

  • Fundamentals explores fundamental topics, including adaptive learning, ranking and selection, the knowledge gradient, and bandit problems
  • Extensions and Applications features coverage of linear belief models, subset selection models, scalar function optimization, optimal bidding, and stopping problems
  • Advanced Topics explores complex methods including simulation optimization, active learning in mathematical programming, and optimal continuous measurements

Each 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.

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Optimal Learning PDF (Adobe DRM) download by Warren B. Powell
Wiley, April 2012
ISBN: 9781118309827
EAN:  9781118309827
PDF (Adobe DRM)
eBook price: $99.99
Optimal Learning ePub (Adobe DRM) download by Warren B. Powell
Wiley, July 2013
ISBN: 9781118309841
EAN:  9781118309841
ePub (Adobe DRM)
eBook price: $99.99