Abstract: Scientists and engineers use computer simulations to study relationships between a physical model’s input parameters and its output predictions. However, thorough parameter studies---e.g., ...

When we use simulation to estimate the performance of a stochastic system, the simulation often contains input models that were estimated from real-world data; therefore, there is both simulation and ...

This paper examines welfare-maximizing monetary policy in an estimated micro-founded general equilibrium model of the U.S. economy where the policymaker faces uncertainty about model parameters.

Citations: Bassamboo, Achal, Ramandeep Randhawa, Assaf Zeevi. 2010. Capacity Sizing Under Parameter Uncertainty: Safety Staffing Principles Revisited. Management ...

How does Thermo Fisher Scientific's analytical software support the calculation of measurement uncertainty? Wilhelm Sanders: According to DIN EN ISO 17025, it is necessary to calculate the measurement ...