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The papers in this special issue of Mathematics and Computers in Simulation cover the following topics: improving …, evaluation of the DPC-based inclusive payment system in Japan for cataract operations by a new model, the matching of lead …, globalization, and innovation: a general equilibrium simulation, whether exchange rates affect consumer prices: a comparative …
Persistent link: https://www.econbiz.de/10010326266
applied within a Bayesian analysisof a GARCH-mixture model which is used for the evaluation of theValue-at-Risk of the return …
Persistent link: https://www.econbiz.de/10010324702
In this paper we use Monte Carlo simulation to investigate the impact of effect size heterogeneity on the results of a …
Persistent link: https://www.econbiz.de/10010325529
of Direct Monte Carlo (DMC) approaches for efficient evaluation of such possibly highly onelliptical posteriors. We show … attractive property that the generated random drawings are independent, which greatly helps the fast convergence of simulation … results, and which facilitates the evaluation of the numerical accuracy. The speed of ARDMC can be easily further improved by …
Persistent link: https://www.econbiz.de/10014165267
We apply the splitting method to three well-known counting problems, namely 3-SAT, random graphs with prescribed degrees, and binary contingency tables. We present an enhanced version of the splitting method based on the capture-recapture technique, and show by experiments the superiority of...
Persistent link: https://www.econbiz.de/10010325899
A large number of exact inferential procedures in statistics and econometrics involve the sampling distribution of ratios of random variables. If the denominator variable is positive, then tail probabilities of the ratio can be expressed as those of a suitably defined difference of random...
Persistent link: https://www.econbiz.de/10010328339
This paper introduces a new solution method for Dynamic Stochastic General Equilibrium (DSGE) models that produces non explosive paths. The proposed solution method is as fast as standard perturbation methods and can be easily implemented in existing software packages like Dynare as it is...
Persistent link: https://www.econbiz.de/10012114765
A test for serial independence is proposed which is related to the BDS test but focuses on tail event probabilities rather than probabilities near the center of the distribution. The motivation behind this approach is to obtain a test more suitable for detecting structure in the tails, such as...
Persistent link: https://www.econbiz.de/10010324850
Strategic choices for efficient and accurate evaluation of marginal likelihoods by means of Monte Carlo simulation … possible advantages and limitations of different simulation techniques; of possible choices of candidate distributions and …
Persistent link: https://www.econbiz.de/10010325793
-1414.Important choices for efficient and accurate evaluation of marginal likelihoods by means of Monte Carlo simulation methods are … presented of possible advantages and limitations of different simulation techniques; of possible choices of candidate …
Persistent link: https://www.econbiz.de/10010325939