Nature

A Bayesian perspective on observers’ inference of group norms

Inferring group norms is crucial for adapting behaviors in novel situations, but its underlying basis and computational account remain unclear. This study manipulated the prevalence of norm-consistent ...
Diginomica

How can Bayesien Inference support complex decisions? A practical guide to an overlooked approach

In my practice, I find most people involved with advanced analytics, such as predictive, data science, and ML, are familiar with the name Bayes, and can even reproduce the simple theorem below. Still, ...
Nature

Bayesian Inference of Natural Rankings in Incomplete Competition Networks

Competition between a complex system's constituents and a corresponding reward mechanism based on it have profound influence on the functioning, stability and evolution of the system. But determining ...
Investopedia

Bayes' Theorem: What It Is, Formula, and Examples

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Diginomica

Can Bayesian Networks provide answers when Machine Learning comes up short? It's a question of probabilities

Machine Learning gets all the marketing hype, but are we overlooking Bayesian Networks? Here's a deeper look at why "Bayes Nets" are underrated - especially when it comes to addressing probability and ...
The Conversation

Bayes’ Theorem: the maths tool we probably use every day, but what is it?

Our world view and resultant actions are often driven by a simple theorem, devised in secret more than 150 years ago by a quiet English mathematician and theologian, Thomas Bayes, and only published ...