convergence and accuracy properties of the simulated moments. Our purpose is to provide an asymptotic theory for the computation …, simulation-based estimation, and testing of dynamic economies. The theoretical analysis is complemented with several illustrative …

This chapter is concerned with numerical simulation of dynamic economic models. We focus on some basic algorithms and … study their accuracy and stability properties. This analysis is useful for an optimal implementation and testing of these …

We propose a novel methodology for evaluating the accuracy of numerical solutions to dynamic economic models … condition for accuracy: If a lower error bound is unacceptably large, then the actual approximation errors are even larger, and … hence, we reject the hypothesis that a numerical solution is accurate. Our accuracy analysis is logically equivalent to …

-field exploration of whether and how to achieve accuracy, consistency and certainty in carbon accounting. Findings – It was found that … there are tensions between accuracy, consistency and certainty in carbon accounting both within and across organisational …

play a very minor role. The paper also develops a new simulation procedure that not only avoids cross-sectional sampling … outlines a set of accuracy tests. …

disadvantages of the prevailing algorithm that strongly relies on simulation techniques and is easier to implement than existing … possible to avoid Monte Carlo integration. The paper also develops a new simulation procedure that not only avoids cross … finite number of agents. This procedure can help to improve the efficiency of the most popular algorithm in which simulation …

massive consumer input, which causes consumer reluctance. In a simulation study, we demonstrate the high accuracy, but also … measuring consumer preferences. This approach achieves high recommendation accuracy and does not suffer from the start … hierarchical Bayes estimation. In order to reduce the conflict between consumer effort and recommendation accuracy, we develop a …