by Felisa J. VázquezAbad and Yanick Champoux 
Topics: Estimation Topics: Optimization
Case Studies: Misc

Simulation, from the latin simulare, means to "fake" or to "replicate". Today, computer simulation is used as a powefull tool to assess the impact of policies, to evaluate performance, to train professionals and more... All within the safety net of the computer, without actually having to experiment with or perturb the real system. This page is dedicated to simulation of stochastic processes. There are two interelated scenarios when we use stochastic simulation:
There are different aspects to simulation,
We shall explore in these pages the statistical principles of simulation as well as the mathematical basis of efficient estimation, all through case studies or model examples. TO USE THIS PRIMER: Use the menu on the left of the window, and have fun while learning! Don't forget to send us your comments. © Copyright 1998 Felisa J. VázquezAbad and Yanick Champoux. All rights reserved. 