Hermeling, Claudia; Mennel, Tim - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008
Sensitivity analysis studies how the variation in the numerical output of a model can be quantitatively apportioned to … different methods, often chosen ad hoc, to do sensitivity analysis. This paper pursues a systematic approach. It formalizes … deterministic and stochastic methods used for sensitivity analysis. Moreover, it presents the numerical algorithms to apply the …