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Importance Sampling for Monte Carlo Estimation of Quantiles
quantiles importance sampling large deviations.
2015/7/8
This paper is concerned with applying importance sampling as a variance reduction tool for computing extreme quantiles. A central limit theorem is derived for each of four proposed importance sampling...
Fluid Heuristics, Lyapunov Bounds, and Efficient Importance Sampling for a Heavy-tailed G/G/1 Queue
State-dependent importance sampling Rare-event simulation Heavy-tails
2015/7/6
We develop a strongly efficient rare-event simulation algorithm for computing the tail of the steady-state waiting time in a single server queue with regularly varying service times. Our algorithm is ...
Zero-Variance Importance Sampling Estimators for Markov Process Expectations
Importance sampling Markov process simulation
2015/7/6
We consider the use of importance sampling to compute expectations of functionals of Markov processes. For a class of expectations that can be characterized as positive solutions to a linear system, w...
On Lyapunov Inequalities and Subsolutions for Efficient Importance Sampling
Lyapunov Inequalities Efficient Importance Sampling
2015/7/6
In this article we explain some connections between Lyapunov methods and subsolutions of an associated Isaacs equation for the design of efficient importance sampling schemes. As we shall see, subsolu...
Intangible Assets: Importance in the Knowledge-Based Economy and the Role in Value Creation of a Company
knowledge-based economy ntangible assets ntellectual capital valuation calculated intangible value
2009/7/16
In the last decades the new conditions for business development have led to the lack of success of those companies, mainly relying on traditional tangible assets such as properties, financial capital ...
InCaS: Intellectual Capital Management in European SMEs:its Strategic Relevance and the Importance of its Certification
intellectual capital statement audit knowledge management innovation SME quality requirements certification
2009/7/16
Small and medium-sized enterprises (SMEs) were targeted in the German pilot project "Wissensbilanz – Made in Germany" and the European pilot project “InCaS: Intellectual Capital Statement – Made in Eu...
The Importance of Stable Income Sources in Retirement:An Exploratory Study
Stable Income Retirement Exploratory Study
2009/7/15
Spiraling compensation costs over the past two decades has led many firms to change
their compensation strategies. There has been a shift in employee pension benefits as
a form of compensation, a...