Showing 1 - 6 of 6
Formal agreements can be used to achieve coordination among channel members. These agreements work by exerting explicit control over the members who make the agreements. However, implicit understandings can be used as a partial substitute for more formal agreements. In this paper, we show that...
Persistent link: https://www.econbiz.de/10009197553
Collecting data to discriminate between models of risky choice requires careful selection of decision stimuli. Models of decision making aim to predict decisions across a wide range of possible stimuli, but practical limitations force experimenters to select only a handful of them for actual...
Persistent link: https://www.econbiz.de/10010990500
Linear regression analysis is important in many fields. In the analysis of simulation results, a regression (meta)model can be applied, even when common pseudorandom numbers are used. To test the validity of the specified regression model, Rao (1959) generalized the F statistic for lack of fit,...
Persistent link: https://www.econbiz.de/10009214667
Simple heuristic formulas are developed to estimate the simulation run lengths required to achieve desired statistical precision in queueing simulations. The formulas are intended to help in the early planning stages before any data have been collected. The queueing simulations considered are...
Persistent link: https://www.econbiz.de/10009203776
We evaluate the efficiency of one long run versus independent replications in steady-state discrete-event simulation, assuming that an initial portion of each replication will be deleted to allow the process to approach steady state. We provide supporting evidence in favor of one long run, but...
Persistent link: https://www.econbiz.de/10009204153
In this paper, we provide a quantitative approach to Frequency Domain Methodology (FDM) using harmonic analysis. For a certain class of metamodels, we give the frequency domain hypothesis and develop the corresponding hypothesis test. Minimum simulation model run length information for FDM is...
Persistent link: https://www.econbiz.de/10009208510