TY - CHAP A1 - Anamaria Berea A2 - Daniel Maxwell ED1 - Javier Prieto Tejedor Y1 - 2017-11-02 PY - 2017 T1 - A Bayesian Model for Investment Decisions in Early Ventures N2 - The range of Bayesian inference algorithms and their different applications has been greatly expanded since the first implementation of a Kalman filter by Stanley F. Schmidt for the Apollo program. Extended Kalman filters or particle filters are just some examples of these algorithms that have been extensively applied to logistics, medical services, search and rescue operations, or automotive safety, among others. This book takes a look at both theoretical foundations of Bayesian inference and practical implementations in different fields. It is intended as an introductory guide for the application of Bayesian inference in the fields of life sciences, engineering, and economics, as well as a source document of fundamentals for intermediate Bayesian readers. BT - Bayesian Inference SP - Ch. 16 UR - https://doi.org/10.5772/intechopen.70051 DO - 10.5772/intechopen.70051 SN - 978-953-51-3578-4 PB - IntechOpen CY - Rijeka Y2 - 2021-08-03 ER -