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Split-simulation—An efficient method for studies of models with discrete choices

✍ Scribed by Leif Gustafsson


Publisher
Elsevier Science
Year
1981
Tongue
English
Weight
491 KB
Volume
23
Category
Article
ISSN
0378-4754

No coin nor oath required. For personal study only.

✦ Synopsis


Split-simulation is a technique to perform simulations of models with discrete choices. This technique is based on "intelligent" objects which penetrate and investigate the alternatives of the model. The advantages are better precision, reduced variance and much shorter execu= tion times than are needed for conventional simulation.


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