Showing posts with label Decision. Show all posts
Showing posts with label Decision. Show all posts

Thursday, April 26, 2012

Camelot: A Role-Playing Simulation for Political Decision Making

Camelot: A Role-Playing Simulation for Political Decision Making Review



CAMELOT: A ROLE PLAYING SIMULATION introduces you to the interactions of contending and contentious groups and individuals whose values and goals range from radical to reactionary. It addresses such issues as equal opportunity, right to life, freedom of expression, affirmative action, property rights, gay rights, and more. You will quickly learn that competing interests and viewpoints - with their varying degrees of organization and cohesiveness - make political decision-making complex, time consuming, exciting, and often difficult to predict.


Wednesday, January 11, 2012

Simulation, Fourth Edition (Statistical Modeling and Decision Science)

Simulation, Fourth Edition (Statistical Modeling and Decision Science) Review



Ross's Simulation, Fourth Edition introduces aspiring and practicing actuaries, engineers, computer scientists and others to the practical aspects of constructing computerized simulation studies to analyze and interpret real phenomena. Readers learn to apply results of these analyses to problems in a wide variety of fields to obtain effective, accurate solutions and make predictions about future outcomes.
This text explains how a computer can be used to generate random numbers, and how to use these random numbers to generate the behavior of a stochastic model over time. It presents the statistics needed to analyze simulated data as well as that needed for validating the simulation model.

New to this Edition:
-More focus on variance reduction, including control variables and their use in estimating the expected return at blackjack and their relation to regression analysis
-A chapter on Markov chain monte carlo methods with many examples
-Unique material on the alias method for generating discrete random variables


Monday, January 9, 2012

Simulation, Third Edition (Statistical Modeling and Decision Science)

Simulation, Third Edition (Statistical Modeling and Decision Science) Review



Sheldon Ross' Simulation, Third Edition introduces aspiring and practicing actuaries, engineers, computer scientists and others to the practical aspects of constructing computerized simulation studies to analyze and interpret real phenomena. Readers learn to apply results of these analyses to problems in a wide variety of fields to obtain effective, accurate solutions and make predictions about future outcomes.

This new edition provides a comprehensive, in-depth, and current guide for constructing probability models and simulations for a variety of purposes. It features new information, including the presentation of the Insurance Risk Model, generating a Random Vector, and evaluating an Exotic Option. Also new is coverage of the changing nature of statistical methods due to the advancements in computing technology.