Den Hertog, Dick; Kleijnen, Jack P.C.; Siem, A.Y.D. - Tilburg University, Center for Economic Research - 2004
The classic Kriging variance formula is widely used in geostatistics and in the design and analysis of computer experiments.This paper proves that this formula is wrong.Furthermore, it shows that the formula underestimates the Kriging variance in expectation.The paper develops parametric...
