on models are abstract representations of systems one wants to study through computer simulation. In multiagent based simulation, such models usually represent agents and their re...
The military develops simulations to analyze nearly every aspect of defense. How accurate are these simulations and to what extent do they produce dependable results? Most guidanc...
Scott D. Simpkins, Eugene P. Paulo, Lyn R. Whitake...
The recent turmoil in global credit markets has demonstrated the need for advanced modelling of credit risk, which can take into account the effects of changing economic condition...
DEVS is a Modeling and Simulation formalism that has been used to study the dynamics of discrete event systems. Cell-DEVS is a DEVS-based formalism that defines the cell space as ...
This paper develops rare event simulation methods for the estimation of portfolio credit risk -- the risk of losses to a portfolio resulting from defaults of assets in the portfol...