The Washington State Ferries are one of the largest ferry systems in the world. Accidents involving Washington State Ferries are rare events. However, low probability, high conseq...
We study an approximation for the zero-variance change of measure to estimate the probability of a rare event in a continuous-time Markov chain. The rare event occurs when the cha...
Pieter-Tjerk de Boer, Pierre L'Ecuyer, Gerardo Rub...
We consider a standard splitting algorithm for the rare-event simulation of overflow probabilities in any subset of stations in a Jackson network at level n, starting at a fixed i...
A regional transportation system and the movement of large traffic volumes through it, are characteristic of stochastic systems. The standard traffic management or transportation ...
In this paper, we suggest a framework that allows for the simulation-based performance assessment of algorithms for cooperative transportation planning. Therefore, we consider a c...