Assortment planning is an important problem that arises in many industries such as retailing and airlines. One of the key challenges in an assortment planning problem is to identify the "right" model ...

Discrete-time hidden Markov models are a broadly useful class of latent variable models with applications in areas such as speech recognition, bioinformatics, and climate data analysis. It is common ...

A 30-minute talk about Markov modeling generally, with specific reference to the seminal 1986 contribution of Professor Eaves, which described Markov processes for genetic and environmental variance ...

Until recently, Markov models and analytical methods were fairly obscure mathematical techniques rarely applied outside of academic settings. The advent of functional safety standards, particularly ...

The human mind is imperfect—we reach conclusions quickly based mostly on impressions, often coloured by prior experience. In psychology this is referred to as thin-slicing. This is not a new ...

A normative computational model of individual differences in mouse exploration driven by reward and threat uncertainty as well as risk sensitivity when faced with a novel object in an open field.

Heather Paulson from Paulson Management Group wrote a post for ReveNews.com titled “SEO Matrix’s- Markov Chaining and Term Vector Models“. It is basically a rundown of the fundamental SEO ranking ...