I use a simple computer simulation model to gain insights on the nature of wealth inequality. Two testable predictions …

The stochastic simulation model suggested by Bolder (2003) for the analysis of the federal government's debt … nonetheless complicated by two challenges. First, performing optimization with traditional techniques in a simulation setting is … address a number of policy questions that could not be fully addressed with the current stochastic simulation engine …

propose a reverse stress test methodology based on a stochastic simulation optimization system. This methodology enables users …

This article uses a sequentialized experimental design to select simulation input combinations for global optimization …/output data of the simulation model (computer code). This design and analysis adapt the classic "expected improvement" (EI) in …