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Jason May writes:
I’m in Northwestern’s Predictive Analytics grad program. I’m working on a project providing Case Studies of how companies use certain analytic processes and want to use Bayesian Analysis as my focus.
The problem: I can find tons of work on how one might apply Bayesian Statistics to different industries but very little on how companies actually do so except as blurbs in larger pieces.
I was wondering if you might have ideas of where to look for cases of real life companies using Bayesian principles as an overall strategy.
Some examples that come to mind are pharmaceutical companies that use hierarchical pharmacokinetic/pharmacodynamic modeling, as well as people on the Stan users list who are using Bayes in various business settings. And I know that some companies do formal decision analysis which I think is typically done in a Bayesian framework. And I’ve given some short courses at companies, which implies that they’re interested in Bayesian methods, though I don’t really know if they ended up following my particular recommendations.
Perhaps readers can to supply other examples?
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