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Value of Information in the Earth Sciences

Value of Information in the Earth Sciences

Integrating Spatial Modeling and Decision Analysis

Debarun Bhattacharjya, Jo Eidsvik, Tapan Mukerji

Cambridge University Press
Publication date : 2015-11-19

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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 illustrated using a suite of quantitative tools from decision analysis, such as decision trees and influence diagrams, as well as models for continuous and discrete dependent spatial variables, including Bayesian networks, Markov random fields, Gaussian processes, and multiple-point geostatistics. Unique in scope, this book is of interest to students, researchers and industry professionals in the Earth and environmental sciences, who use applied statistics and decision analysis techniques, and particularly to those working in petroleum, mining, and environmental geoscience.

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About the book

Author

Debarun Bhattacharjya , Jo Eidsvik , Tapan Mukerji

Imprint

Cambridge University Press

Collection

n.c

Publication date

2015-11-19

Pages

n.c

Print ISBN

9781107040267

Language

English

Ebook informations

EAN PDF

9781316434963

Price

£137.15

Copy count 0

Print count 0

File size 53109812 Ko

Informations accessibility

EAN EPUB

9781316429990

Price

£137.15

Copy count 0

Print count 0

File size 31980 Ko

Informations accessibility

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About author(s)

Debarun Bhattacharjya

Jo Eidsvik

Tapan Mukerji

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