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Focusing on risk and uncertainty, this volume delves into modeling techniques, particularly emphasizing Monte Carlo Simulation. It offers practical guidance on the effective use of this method, detailing best practices and common pitfalls. Additionally, the book serves as a resource for testing various assumptions in broader modeling contexts, making it a valuable tool for those looking to enhance their analytical skills in uncertain environments.
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Risk, Opportunity, Uncertainty and Other Random Models, Alan Jones
- Language
- Released
- 2024
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- (Paperback)
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- Title
- Risk, Opportunity, Uncertainty and Other Random Models
- Language
- English
- Authors
- Alan Jones
- Publisher
- Taylor & Francis Ltd
- Released
- 2024
- Format
- Paperback
- Pages
- 316
- ISBN13
- 9781032838793
- Category
- Design, Business and Economics
- Description
- Focusing on risk and uncertainty, this volume delves into modeling techniques, particularly emphasizing Monte Carlo Simulation. It offers practical guidance on the effective use of this method, detailing best practices and common pitfalls. Additionally, the book serves as a resource for testing various assumptions in broader modeling contexts, making it a valuable tool for those looking to enhance their analytical skills in uncertain environments.