{"product_id":"optimal-learning-warren-b-powell-9780470596692","title":"Optimal Learning","description":"\u003cb\u003eLearn the science of collecting information to make effective decisions\u003c\/b\u003e \u003cp\u003eEveryday decisions are made without the benefit of accurate information. \u003ci\u003eOptimal Learning\u003c\/i\u003e 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.\u003c\/p\u003e \u003cp\u003eThis 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: \u003c\/p\u003e \u003cul\u003e \u003cli\u003e\n\u003cb\u003eFundamentals\u003c\/b\u003e explores fundamental topics, including adaptive learning, ranking and selection, the knowledge gradient, and bandit problems\u003c\/li\u003e \u003cli\u003e\n\u003cb\u003eExtensions and Applications\u003c\/b\u003e features coverage of linear belief models, subset selection models, scalar function optimization, optimal bidding, and stopping problems\u003c\/li\u003e \u003cli\u003e\n\u003cb\u003eAdvanced Topics\u003c\/b\u003e explores complex methods including simulation optimization, active learning in mathematical programming, and optimal continuous measurements\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eEach 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 introduc-tion to learning and a variety of policies for learning.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Warren B. Powell, Ilya O. Ryzhov\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0470596694\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780470596692\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Wiley\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/17\/2012\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 414\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.49lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.30h x 6.30w x 1.10d","brand":"Warren B. Powell","offers":[{"title":"Hardcover","offer_id":43919860498687,"sku":"9780470596692","price":136.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_ceaac624-3da2-4db7-a920-b14204688a09.jpg?v=1680812307","url":"https:\/\/www.whiterainbookhouse.com\/products\/optimal-learning-warren-b-powell-9780470596692","provider":"WR Book House","version":"1.0","type":"link"}