Cover of Mikhailov G A Mikhailov: Minimization Of Computational Costs Of Non-analogue Monte Carlo Methods

Mikhailov G A Mikhailov Minimization Of Computational Costs Of Non-analogue Monte Carlo Methods

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World Scientific Publishing Company

1992

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172

978-981-4506-11-3

981-4506-11-7

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Non-analogue Monte Carlo methods are useful when the direct simulation techniques are insufficient. To use the additional discretization, Monte Carlo estimates are biased and it is desirable to optimize the connection between discretization parameters and the sample size. In this connection, the book investigates variances of non-analogue Monte Carlo estimates, uniform minimization of variances by choosing a computational model and the minimization of computational cost of non-analogue Monte Carlo methods.This book is essentially new with respect to previous monographs on the Monte Carlo methods.

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