The Bayesian revolution in statistics--where statistics is integrated with decision making in areas such as management, public policy, engineering, and clinical medicine--is here to stay. Introduction to Statistical Decision Theory states the case and in a self-contained, comprehensive way shows...

This paper reports an analysis done for the Secretaria de Obras Publicas (Ministry of Public Works) of Mexico to help select the most "effective" strategy for developing the airport facilities of the Mexico City metropolitan area to insure quality air service for the remainder of the century....

To solve or resolve public policy problems requires decisions. The intent is to choose the best alternative in each situation. Hence, the way the notion of best is defined and measured in each case is critical. A structured process is outlined to acquire knowledge about public values that could...