@RISK, Palisade’s risk analysis software using Monte Carlo simulation, has many features that help you create powerful models for decision making under uncertainty. This model demonstrates the use of the alternate, percentile parameter formulation. In this case we...
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An IMF working paper this month contemplates the effectiveness of lending arrangements the institution makes to various countries around the world. The paper, “Assessing IMF Lending: A Model of Sample Selection,” seeks to identify and understand common factors that...
The continuous uniform distribution represents a situation where all outcomes in a range between a minimum and maximum value are equally likely. From a theoretical perspective, this distribution is a key one in risk analysis; many Monte Carlo software algorithms use a...
