Regression meetamodels and design of experiments

• Published in: Proceedings Winter Simulation Conference pp. 1433 - 1439
• Main Authors: van Groenendaal, W.J.H., Kleijnen, J.P.C.
• Format: Conference Proceeding
• Language: English
• Published: IEEE 1996
• Subjects: Analytical models; Decision making; Econometrics; Investments; Probability distribution; Risk analysis; Robustness; Stochastic processes; Uncertainty; US Department of Energy

Simulation models are often used to support decision making for problems with uncertain inputs and parameters. Three types of models are used: deterministic, risk, and uncertainty models. Risk models are popular with researchers, but can be used only when the joint probability distribution of the in...