The processor evolution has reached a critical moment in time where it will soon be impossible to increase the frequency much further. Processor designers such as Motorola, Intel and IBM have all realised that the only way to improve the FLOP/Watt ratio is to develop multi-core devices. One of...

In the past few decades, the problem of dealing with inadvertently contaminated steel has turned out to be of real importance in several countries. Typically, this problem originates at a foundry which recycles scrap iron: indeed, in several instances it happened that the material to be smelted...

Recent work in the development of stochastic methods for multiple integrals over unbounded regions is reviewed and generalized. This includes randomization or deterministic rules, and new stochastic rules for integrals with multivariate Normal weight. Stochastic spherical–radial rules are also...

Dynamic reliability aims at estimating failure risks associated with very rare scenarios, while accounting for the system dynamic evolution. In a Monte Carlo game devised for this purpose, the most time consuming operation consists in performing these dynamic calculations, which are repeated in...

The aim of this paper is to review and discuss the most challenging aspects of the particle-based methods for simulation of charge transport in semiconductor devices. Since the early theoretical works on the Ensemble Monte Carlo (EMC) method applied to device simulation, and several successive...

In this paper, we explore the loss data collection exercise for operational risk in Chinese commercial banks from 1999 to first half of 2006. Firstly, the above data are bootstrapped to analyze the capital allocation for a medium-scaled commercial bank in China. Secondly, for every selected...

Nowadays, Monte Carlo techniques are very common for the development of Nuclear Medicine systems. Simulations can be very helpful for the optimization of SPECT and PET cameras, and for investigating the importance of several physical effects involved in image formation. In this paper, a...

Although the impact of structural breaks on testing for unit root has been studied extensively for univariate time-series, such impact on panel data unit root tests is still relatively unknown. A major issue is the choice of model in accommodating different types of break prior to testing for...

Monte Carlo (MC) linear solvers can be considered stochastic realizations of deterministic stationary iterative processes. That is, they estimate the result of a stationary iterative technique for solving linear systems. There are typically two sources of errors: (i) those from the underlying...

Water management, in a variety of contexts and objectives, is a very important issue gaining increasing attention worldwide. In some places and during some periods, this is due to the scarcity of the water resource, and increasing competition for its use. In some others, it can be risk reduction...