Monte Carlo Simulation

Introduction

References and Readings

Microsoft. Introduction to Monte Carlo simulation

Describes technique and how to implement in Excel. Includes downloadable spreadsheet and problem set.

Sedgwick & Wayne. Monte Carlo Simulation, Section 9.8 in Introduction to Programming in Java.
Wolfram Mathworld. Monte Carlo Method

Herbold Keith D. 2000. "Using Monte Carlo Simulation for Pavement Cost Analysis." Public Roads, Nov/Dec 2000 Vol. 64 · No. 3

Zhang, Junfu. 2003. "Revisiting Residential Segregation by Income: A Monte Carlo Test." International Journal of Business and Economics, Vol. 2, No. 1, 27-37

Denton Peterson, et al. 1990 "Monte Carlo Simulation of HIV Infection in an Intravenous Drug User Community." Journal of Acquired Immune Deficiency Svndromes 3:1086—1095.