Variance reduction: The current state

Estimation efficiency is an increasingly important issue in the design and analysis of large-scale simulation experiments. This paper surveys recent research on the major variance reduction techniques that have been developed for or adapted to Monte Carlo studies. Current unresolved problems and directions for future research are also discussed.

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Year of publication:	1983
Authors:	Wilson, James R.
Published in:	Mathematics and Computers in Simulation (MATCOM). - Elsevier, ISSN 0378-4754. - Vol. 25.1983, 1, p. 55-59
Publisher:	Elsevier

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010749849