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Abstract

This chapter introduces the Bayes theorem evolution to include: (1) the early 1900s, (2) 1920–1930s, (3) 19401950s, (4) 1960s–Mid 1980s, and Trademarked Uses of Bayesian Belief Networks (BBN). A review BBN evolution from the mid-1980s to today includes: (a) financial economics, accounting, and operational risks, (b) safety, accident analysis, and prevention, (c) engineering and safety, risk analysis, (d) ecology, (e) human behavior, (f) behavioral sciences and marketing, (g) decision support systems with expert systems and applications, information sciences, intelligent data analysis, neuroimaging, environmental modeling and software, and industrial ergonomics, (h) cognitive science, (i) medical, health, dental, and nursing, (j) environmental studies, and (k) miscellaneous areas to include: politics, geriatrics, space policy, and language and speech, and (l) a review of current government and commercial users of BBN.

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Notes

  1. 1.

    We obtained most of the facts on the evolution of the theorem herein from McGrayne (2011).

  2. 2.

    There is still debate on the true author of Bayes’ theorem. Some give the honor to Pierre-Simon LaPlace, following his 1774 publication of a similar theorem.

  3. 3.

    See Joyce’s comments on Bayesian epistemology, for a complete discussion (Joyce 2008).

  4. 4.

    In 1986, the Challenger explodes.

  5. 5.

    We queried these through the Social Science Citation Index Web of Science Ⓡ (Reuters 2012).

  6. 6.

    Unless otherwise reference, certain data included herein are derived from the Web of Science Ⓡ prepared by Thomson Reuters Ⓡ, Inc. (Thomson Ⓡ), Philadelphia, Pennsylvania, USA: # Copyright Thomson Reuters Ⓡ 2012. All rights reserved.

  7. 7.

    See Data.gov. Data.gov FAQ (2012).

  8. 8.

    http://patft.uspto.gov/netahtml/PTO/index.html.

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Grover, J. (2016). Literature Review. In: The Manual of Strategic Economic Decision Making. Springer, Cham. https://doi.org/10.1007/978-3-319-48414-3_2

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