Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Gordon Scott has been an active investor and ...

Risk Management, Vol. 9, No. 1 (Feb., 2007), pp. 44-57 (14 pages) Monte Carlo simulation is a useful technique for modeling and analyzing real-world systems and situations. This paper is a conceptual ...

The Monte Carlo simulation technique, named for the famous Monaco gambling resort, originated during World War II as a way to model potential outcomes from a random chain of events. It is particularly ...

Journal of Financial Education, Vol. 40, No. 1/2 (SPRING/SUMMER 2014), pp. 94-114 (21 pages) There is a lack of coverage of an application of Monte Carlo simulation in capital budgeting in ...

The Inverse Sampling Method can expand the capability of tools, such as Excel and Spice, into performing user-defined statistical simulations. Not all Spice versions perform Monte Carlo simulations.

Due to robust growth in the global demand for refined products, refiners often face the tough decision of whether to spend significantly to accelerate expansion projects or stick to existing time ...