Statements (32)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
computational technique
|
| gptkbp:advantage |
flexible modeling
handles complex systems |
| gptkbp:application |
option pricing
queueing theory numerical integration optimization risk analysis statistical physics radiation transport |
| gptkbp:basedOn |
random sampling
|
| gptkbp:developedBy |
1940s
|
| https://www.w3.org/2000/01/rdf-schema#label |
Monte Carlo simulations
|
| gptkbp:limitation |
computationally intensive
results are approximate |
| gptkbp:namedAfter |
Monte Carlo
|
| gptkbp:notableContributor |
gptkb:John_von_Neumann
gptkb:Stanislaw_Ulam |
| gptkbp:output |
gptkb:organization
statistical estimate |
| gptkbp:relatedTo |
gptkb:Markov_Chain_Monte_Carlo
gptkb:probability_theory gptkb:stochastic_process |
| gptkbp:requires |
generator
|
| gptkbp:usedIn |
gptkb:mathematics
computer science engineering finance physics statistics |
| gptkbp:bfsParent |
gptkb:Computational_Materials_Design
|
| gptkbp:bfsLayer |
4
|