Antonietta, Mira; Pieter, Omtzigt - Facoltà di Economia, Università degli Studi dell'Insubria - 2003
We develop an efficient computational algorithm that produces efficient Markov chain Monte Carlo (MCMC) transition matrices. The first level of efficinecy is measured in terms of the number of operations needed to produce the resulting matrix. The second level of efficiency is evaluaded in terms...