Bayesian experimental design

Bayesian experimental design differs from the classical approach in that the purpose of the experiment is explicitly represented in the form of a loss function. Different loss functions imply different ways to optimise the design. Designing to best estimate model parameters leads to Bayes a-optimal designs, whereas designing to maximise the information gained leads to Bayes d-optimal designs.

Related Topics:
Loss function - Bayes a-optimal designs - Bayes d-optimal designs

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