In Monte Carlo simulation, Latin hypercube sampling (LHS) [McKay et al. (1979)] is a well-known variance reduction … examples of financial payoffs, when compared to standard Monte Carlo simulation, a variance reduction of factors up to 200 is …

In Monte Carlo simulation, Latin hypercube sampling (LHS) [McKay et al. (1979)] is a well-known variance reduction … examples of financial payoffs, when compared to standard Monte Carlo simulation, a variance reduction of factors up to 200 is …

In Monte Carlo simulation, Latin hypercube sampling (LHS) [McKay et al. (1979)] is a well-known variance reduction … examples of financial payoffs, when compared to standard Monte Carlo simulation, a variance reduction of factors up to 200 is …

Purpose – Agent-based modelling and simulation (ABMS) has seen wide-spread success through its applications in the … be an increase in the number of input variables used within the simulation. Any uncertainty associated with these input … the simulation's output. When there is uncertainty about multiple input variables, then the number of simulation runs …

RESTART is a widely applicable accelerated simulation technique that allows the evaluation of extremely low …