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This book offers a new perspective on human decision-making by comparing the established methods in decision science with innovative modelling at the level of neurons and neural interactions. The book presents a new generation of computer models, which can predict with astonishing accuracy individual economic choices when people make them by quick intuition rather than by effort. A vision for a new kind of social science is outlined, whereby neural models of emotion and cognition capture the dynamics of socioeconomic systems and virtual social networks. The exposition is approachable by experts as well as by advanced students. The author is an Associate Professor of Decision Science with a doctorate in Computational Neuroscience, and a former software consultant to banks in the City of London.
This book presents a foray into the fascinating process of risk management, beginning from classical methods and approaches to understanding risk all the way into cutting-age thinking. Risk management by necessity must lie at the heart of governing our ever more complex digital societies. New phenomena and activities necessitate a new look at how individuals, firms, and states manage the uncertainty they must operate in. Initial chapters provide an introduction to traditional methods and show how they can be built upon to better understand the workings of the modern economy. Later chapters review digital activities and assets like cryptocurrencies showing how such emergent risks can be conceptualized better. Network theory figures prominently and the book demonstrates how it can be used to gauge the risk in the digital sectors of the economy. Predicting the unpredictable black swan events is also discussed in view of a wider adoption of economic simulations. The journey concludes by looking at how individuals perceive risk and make decisions as they operate in a virtual social network. This book interests the academic audience, but it also features insights and novel research results that are relevant for practitioners and policymakers.
Best practices for addressing the bias and inequality that may result from the automated collection, analysis, and distribution of large datasets. Human-centered data science is a new interdisciplinary field that draws from human-computer interaction, social science, statistics, and computational techniques. This book, written by founders of the field, introduces best practices for addressing the bias and inequality that may result from the automated collection, analysis, and distribution of very large datasets. It offers a brief and accessible overview of many common statistical and algorithmic data science techniques, explains human-centered approaches to data science problems, and presents practical guidelines and real-world case studies to help readers apply these methods. The authors explain how data scientists’ choices are involved at every stage of the data science workflow—and show how a human-centered approach can enhance each one, by making the process more transparent, asking questions, and considering the social context of the data. They describe how tools from social science might be incorporated into data science practices, discuss different types of collaboration, and consider data storytelling through visualization. The book shows that data science practitioners can build rigorous and ethical algorithms and design projects that use cutting-edge computational tools and address social concerns.
All the answers to your data science questions Over half of all businesses are using data science to generate insights and value from big data. How are they doing it? Data Science Strategy For Dummies answers all your questions about how to build a data science capability from scratch, starting with the “what” and the “why” of data science and covering what it takes to lead and nurture a top-notch team of data scientists. With this book, you’ll learn how to incorporate data science as a strategic function into any business, large or small. Find solutions to your real-life challenges as you uncover the stories and value hidden within data. Learn exactly what data science is and why it’s important Adopt a data-driven mindset as the foundation to success Understand the processes and common roadblocks behind data science Keep your data science program focused on generating business value Nurture a top-quality data science team In non-technical language, Data Science Strategy For Dummies outlines new perspectives and strategies to effectively lead analytics and data science functions to create real value.
This volume presents a collection of peer-reviewed contributions arising from StartUp Research: a stimulating research experience in which twenty-eight early-career researchers collaborated with seven senior international professors in order to develop novel statistical methods for complex brain imaging data. During this meeting, which was held on June 25–27, 2017 in Siena (Italy), the research groups focused on recent multimodality imaging datasets measuring brain function and structure, and proposed a wide variety of methods for network analysis, spatial inference, graphical modeling, multiple testing, dynamic inference, data fusion, tensor factorization, object-oriented analysis and others. The results of their studies are gathered here, along with a final contribution by Michele Guindani and Marina Vannucci that opens new research directions in this field. The book offers a valuable resource for all researchers in Data Science and Neuroscience who are interested in the promising intersections of these two fundamental disciplines.
Transformation of the Earth's social and ecological systems is occurring at a rate and magnitude unparalleled in human experience. Data science is a revolutionary new way to understand human-environment relationships at the heart of pressing challenges like climate change and sustainable development. However, data science faces serious shortcomings when it comes to human-environment research. There are challenges with social and environmental data, the methods that manipulate and analyze the information, and the theory underlying the data science itself; as well as significant legal, ethical and policy concerns. This timely book offers a comprehensive, balanced, and accessible account of the promise and problems of this work in terms of data, methods, theory, and policy. It demonstrates the need for data scientists to work with human-environment scholars to tackle pressing real-world problems, making it ideal for researchers and graduate students in Earth and environmental science, data science and the environmental social sciences.
Research can face artificial intelligence (AI) as an issue of technology development but also as an issue of enacted technology at work. Human-centered design of AI gives emphasis to the expertise and needs of human beings as a starting point of technology development or as an outcome of AI-based work settings. This is an important goal, as expressed, for example, by the international labor organization's call for a "human-centered agenda" for the future of AI and automation collaboration. This Research Topic raises the question of what human-centricity means, i.e. what are the criteria and indicators of human-centered AI and how can they be considered and implemented?
This book explores answers to the fundamental questions driving the research, innovation and practices of the latest revolution in scientific, technological and economic development: how does data science transform existing science, technology, industry, economy, profession and education? How does one remain competitive in the data science field? What is responsible for shaping the mindset and skillset of data scientists? Data Science Thinking paints a comprehensive picture of data science as a new scientific paradigm from the scientific evolution perspective, as data science thinking from the scientific-thinking perspective, as a trans-disciplinary science from the disciplinary perspective, and as a new profession and economy from the business perspective.
This book explores the possibility of integrating design thinking into today’s technical contexts. Despite the popularity of design thinking in research and practice, this area is still too often treated in isolation without a clear, consistent connection to the world of software development. The book presents design thinking approaches and experiences that can facilitate the development of software-intensive products and services. It argues that design thinking and related software engineering practices, including requirements engineering and user-centric design (UX) approaches, are not mutually exclusive. Rather, they provide complementary methods and tools for designing software-intensive systems with a human-centric approach. Bringing together prominent experts and practitioners to share their insights, approaches and experiences, the book sheds new light on the specific interpretations and meanings of design thinking in various fields such as engineering, management, and information technology. As such, it provides a framework for professionals to demonstrate the potential of design thinking for software development, while offering academic researchers a roadmap for further research.
One of the keys to successful business process engineering is tight alignment of processes with organisational goals and values. Historically, however, it has always been difficult to relate different levels of organizational processes to the strategic and operational objectives of a complex organization with many interrelated and interdependent processes and goals. This lack of integration is especially well recognized within the Human Resource Management (HRM) discipline, where there is a clearly defined need for greater alignment of HRM processes with the overall organizational objectives. Value-Focused Business Process Engineering is a monograph that combines and extends the best on offer in Information Systems and Operations Research/Decision Sciences modelling paradigms to facilitate gains in both business efficiency and business effectiveness.