Efficiency is a big concern when using simulation to estimate rare-event probabilities, since a huge number of simulation replications may be needed in order to obtain a reasonabl...
Event based simulations are an important scientific application in many fields. With the rise of cluster computing, distributed event simulation optimization becomes an essential ...
The paper summarizes some important results at the intersection of the fields of Bayesian statistics and stochastic simulation. Two statistical analysis issues for stochastic sim...
The term Enterprise Simulation (ES) is gaining acceptance among simulation practitioners. It is coming to represent certain tangible attributes, and its benefits seem apparent in ...
This paper proposes a validation approach, based on simulation, which addresses problems related to both state space explosion of formal methods and low coverage of informal metho...