Kleijnen, Jack P.C.; van Beers, W.C.M. - Tilburg University, Center for Economic Research - 2001
Whenever simulation requires much computer time, interpolation is needed. There are several interpolation techniques in … geostatistics by D.G.Krige, and has recently been widely applied in deterministic simulation.This paper, however, focuses on random … or stochastic simulation.Essentially, Kriging gives more weight to 'neighbouring' observations.There are several types of …