Using Simulation to Estimate First Passage Distributions.
Abstract
Consider a discrete time Markov process (X sub n, n > or = 0). For a given subset A of the state space consider the problem of using simulation to estimate the number of transitions it takes the process to enter A. Using estimators based on the 'observed hazard', we are able to improve on the usual Monte Carlo estimator. We also consider the problem of estimating the distribution of the first state in A to be reached, and then extend our results to continuous time.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1983
- Accession Number
- ADA132328
Entities
People
- Sheldon M. Ross
- Zvi Schechner
Organizations
- University of California, Berkeley