Simulation has become a standard tool in statistics because it may be the only tool available for analysing some classes of probabilistic models. We review in this paper simulation tools that have been specifically derived to address statistical challenges and, in particular, recent advances in...

In this note we attempt to trace the history and development of Markov chain Monte Carlo (MCMC) from its early inception in the late 1940's through its use today. We see how the earlier stages of the Monte Carlo (MC, not MCMC) research have led to the algorithms currently in use. More...

In this paper, we describe two computational methods for calculating the cumulative distribution function and the upper quantiles of the maximal difference between a Brownian bridge and its concave majorant. The first method has two different variants that are both based on a Monte Carlo...

The spread of the open innovation model created new challenges for further implications of the Web in making the innovation happen. In this paper we present a research on the application of the Web technologies in the open innovation model. We analyze technologies for expert search, key words...

Assessing the work of scholars is of great importance in the life of academic institutions, disciplines and scholars. Research suggests that that the notion of ‘scholarly influence’ should be substituted for current approaches towards judging scholarship (Truex et al. 2009). This paper seeks...

Sustainable open innovation often has idea generation as a key step. When faced with challenge of stimulating ideation, organizations have few things they are sure about. An experiment was conducted to identify what type of stimulating written communication yields the biggest number of submitted...