Jul 22 2004

Monte Carlo Simulation

Published by corrie at 2:43 pm under Model Development

I’ve come across this program several times through my reading. While I’m a long way off from running any simulations, thought I’d throw this program out there. Crystal Ball is a windows program (boo) that adds functionality to an excel sheet for running Monte Carlo simulations instead of simple deterministic solutions. Looks like it could be useful for setting up fugacity models at a later date.

2 responses so far

2 Responses to “Monte Carlo Simulation”

  1. # Corrieon 22 Jul 2004 at 2:49 pm

    For a quick benefit cost template for regulatory analyses, FERET: Fast Environmental Regulatory Evaluation Tool.

  2. # Andrewon 22 Jul 2004 at 3:12 pm

    You should talk to Tim Kokan about Monte Carlo simulations. That’s what he did for his master’s program. And sure you can’t find an open-source linux/mac sol’n? :)

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