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We study an economic decision problem where the actors are two rms and the Antitrust Authority whose main task is to monitor and prevent rms potential anti-competitive behaviour. The Antitrust Au- thority's decision process is modelled using a Bayesian network whose relational structure and...
Persistent link: https://www.econbiz.de/10009415751
Data mining is an evolving and growing area of research and involves interdisciplinary research and development encompassing diverse domains. In this age of multimedia data exploration, data mining should no longer be restricted to the mining of knowledge from large volumes of high-dimensional...
Persistent link: https://www.econbiz.de/10009416405
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Hierarchical relationships between risk factors are seldom taken into account in epidemiological studies though some authors stressed the importance of doing so, and proposed a conceptual framework in which each level of the hierarchy is modeled separately. The objective of this paper was to...
Persistent link: https://www.econbiz.de/10008805842
Persistent link: https://www.econbiz.de/10009150230
Natural resource management (NRM) typically involves complex decisions that affect a variety of stakeholder values. Efficient NRM, which achieves the greatest net environmental, social and financial benefits, needs to integrate the assessment of environmental impacts with the costs and benefits...
Persistent link: https://www.econbiz.de/10008693264
Integrated catchment policies are widely used to manage natural resources in Australian catchments. Integration of environmental processes with socio-economic systems is often difficult due to the limitations of decision support tools. To support assessments of the environmental and economic...
Persistent link: https://www.econbiz.de/10008693286
We present a framework for sequential decision making in problems described by graphical models. The setting is given by dependent discrete random variables with associated costs or revenues. In our examples, the dependent variables are the potential outcomes (oil, gas or dry) when drilling a...
Persistent link: https://www.econbiz.de/10010679114
In this paper we want to achieve an approximation algorithm for Bayesian networks using data. At first we want to make a description of Bayesian networks and then talk about their modeling of the data using approximation algorithm PNM.
Persistent link: https://www.econbiz.de/10010631828
Quality management and customer satisfaction evaluation can be difficult tasks to perform when processes involve multiple production lines or provide multichannel services. As a consequence, the top management needs to check the quality from different perspectives and to evaluate the improvement...
Persistent link: https://www.econbiz.de/10010635891