Simulation Output
Barry L. Nelson and
Linda Pei
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Barry L. Nelson: Northwestern University
Linda Pei: Northwestern University
Chapter Chapter 7 in Foundations and Methods of Stochastic Simulation, 2021, pp 179-197 from Springer
Abstract:
Abstract This chapter describes simulation output analysis, specifically estimating means, probabilities, and quantiles of simulation output, along with measures of error on these estimates. The distinction between risk and error is emphasized, along with the impact of uncertainty about the input processes that drive the simulation.
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-3-030-86194-0_7
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DOI: 10.1007/978-3-030-86194-0_7
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