A Renewal Theoretic Approach to Bias Reduction in Regenerative Simulations
The special structure of regenerative processes is exploited to derive a new point estimate with very low bias for steady state quantities of regenerative simulations. If the simulation run length is t units of time, the bias of the new estimate is of order 1/t<sup>2</sup> as opposed to...
| Veröffentlicht in: | Management Science. - Institute for Operations Research and the Management Sciences, 1954. - 28(1982), 2, Seite 173-181 |
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| Format: | Online-Aufsatz |
| Sprache: | English |
| Veröffentlicht: |
1982
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| Zugriff auf das übergeordnete Werk: | Management Science |
| Schlagworte: | Simulation Regenerative Bias Reduction Renewal Theory Cumulative Process Ratio Estimator Mathematics Applied sciences Behavioral sciences |
| Online verfügbar |
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