Tucci, Marco P.; Kendrick, David A.; Amman, Hans M. - Dipartimento di Economia Politica e Statistics, … - 2007
Comparisons of various methods for solving stochastic control economic models can be done with Monte Carlo methods. These methods have been applied to simple one-state, one-control quadraticlinear tracking models; however, large outliers may occur in a substantial number of the Monte Carlo runs...