Simulation and Monte Carlo
J. S. Dagpunar • 2007 • Wiley & Sons, Incorporated, John
- Author
- J. S. Dagpunar
- First published
- 2007
- Publisher
- Wiley & Sons, Incorporated, John
- Genres
- Business · Science
- Subjects
- Monte Carlo method · Business mathematics · Simulatiemodellen · Monte Carlo-methode
- ISBN
- 9780470061343
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Where it came from
Simulation and Monte Carlo, authored by J. S. Dagpunar and published by John Wiley & Sons in 2007, serves as a comprehensive technical guide to the methodology of Monte Carlo simulation. Developed during a period of increasing reliance on computational statistics in finance, engineering, and logistics, the text was designed to provide a rigorous framework for students and practitioners needing to model complex stochastic systems. The work builds upon the author’s academic background in operational research, focusing on the practical application of probability theory to solve problems where analytical solutions are otherwise intractable.
The design of the book adheres to the pedagogical standards typical of the Wiley series in probability and statistics, prioritizing clarity in mathematical notation and structured problem-solving. By integrating theoretical foundations with implementation strategies, Dagpunar sought to bridge the gap between abstract statistical concepts and applied simulation techniques. Since its publication, the volume has been regarded as a specialized academic resource, frequently cited within university curricula for its systematic approach to random variable generation and variance reduction techniques.
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