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Value of Information in the Earth Sciences: Integrating Spatial Modeling and Decision Analysis

Jo Eidsvik, Tapan Mukerji, Debarun Bhattacharjya




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 | #2496554 in Books |  2016-01-13 | Original language:English | PDF # 1 |  9.72 x.87 x6.85l,.0 | File type: PDF | 396 pages

||About the Author|Jo Eidsvik is Professor of Statistics at the Norwegian University of Science and Technology (NTNU), Norway, and has previous industry work experience from the Norwegian Defense Research Establishment and Statoil.

Tapan Mukerji is Asso

Gathering the right kind and the right amount of information is crucial for any decision-making process. This book presents a unified framework for assessing the value of potential data gathering schemes by integrating spatial modelling and decision analysis, with a focus on the Earth sciences. The authors discuss the value of imperfect versus perfect information, and the value of total versus partial information, where only subsets of the data are acquired. Concepts are...

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