Backsolving is a class of methods that generate simulated values for exogenous forcing processes in a stochastic equilibrium model from specified assumed distributions for Euler-equation disturbances.
This paper considers stochastic models of large battles. Such battle models are said to be stochastically determined if the gross results-for example, the casualties to each side-show low variance in ...
Abstract: In water resources planning and management, stochastic modeling and simulation of hydrologic time series has been widely used for various purposes including decision making and project ...