@inbook{3d3feebc4ef844d2a6747b3b502744f1,
title = "Why Do We Simulate?",
abstract = "Stochastic simulation is a method for analyzing the performance of systems whose behavior depends on the interaction of random processes, processes that can be fully characterized by probability models. Stochastic simulation is a companion to mathematical and numerical analysis of stochastic models (e.g., Nelson, 1995) and is often employed when the desired performance measures are mathematically intractable or there is no numerical approximation whose error can be bounded. Computers make stochastic simulation practical, but the method can be described independently of any computer implementation, which is what we do here.",
author = "Nelson, {Barry L.} and Linda Pei",
note = "Publisher Copyright: {\textcopyright} 2021, The Author(s), under exclusive license to Springer Nature Switzerland AG.",
year = "2021",
doi = "10.1007/978-3-030-86194-0_1",
language = "English (US)",
series = "International Series in Operations Research and Management Science",
publisher = "Springer",
pages = "1--6",
booktitle = "International Series in Operations Research and Management Science",
}