The value of information in spatial decision making

DOI10.1007/S11004-009-9256-YMaRDI QIDQ2268361zbMATH OpenOpenAlexFDO

Authors Debarun Bhattacharjya, Jo Eidsvik, Tapan Mukerji

Publication date 5 March 2010

Published in Mathematical Geosciences (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s11004-009-9256-y

zbMATH Keywords

decision analysisMarkov random fieldrecursive computationspatial decision makingvalue of experimentvalue of information

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Spatial models in economics (91B72)

Recommendations

• The value of information for correlated GLMs
• Simulation-regression approximations for value of information analysis of geophysical data
• The rationality and efficacy of decisions under uncertainty and the value of an experiment.
• The value of information to decision makers: an experimental approach using card-based decision gaming
• Payoffs-beliefs duality and the value of information

Cites work

• Bayesian Geostatistical Design
• Collecting spatial data. Optimum design of experiments for random fields.
• Designing and Integrating Composite Networks for Monitoring Multivariate Gaussian Pollution Fields
• Efficient recursions for general factorisable models
• scientific article; zbMATH DE number 3513115 (Why is no real title available?)
• scientific article; zbMATH DE number 3228255 (Why is no real title available?)
• scientific article; zbMATH DE number 3288322 (Why is no real title available?)
• Monte Carlo strategies in scientific computing
• Optimized sample schemes for geostatistical surveys
• Recursive computing and simulation-free inference for general factorizable models

Cited in

(12)

• Information gathering in Bayesian networks applied to petroleum prospecting
• Value of information of time-lapse seismic data by simulation-regression: comparison with double-loop Monte Carlo
• Dynamic decision making for graphical models applied to oil exploration
• Simulation-regression approximations for value of information analysis of geophysical data
• The value of information to decision makers: an experimental approach using card-based decision gaming
• The value of information for correlated GLMs
• Determination of lower and upper bounds of predicted production from history-matched models
• scientific article; zbMATH DE number 2050790 (Why is no real title available?)
• Structure and information in spatial segregation
• The value of information in portfolio problems with dependent projects
• Value of information in closed-loop reservoir management
• Model-based adaptive spatial sampling for occurrence map construction

Describes a project that uses

Uses Software

• EnviroStat

This page was built for publication: The value of information in spatial decision making

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2268361)