In this article, we develop a stochastic approximation method to solve a monotone estimation problem and use this method to enhance the empirical per...

We consider the problem of finding a set of feasible or near-feasible systems among a finite number of simulated systems in the presence of constrain...

Agent-based business process simulation has grown in popularity, in part because of its analysis capabilities. The analyses depend on the kinds of si...

This article considers importance sampling as a tool for rare-event simulation. The focus is on estimating the probability of overflow in the downstr...

The field of game theory has proved to be of great importance in modeling interactions between self-interested parties in a variety of settings. Trad...