Abstract The present section will focus on the applicability issues of Monte Carlo-based methods, as well as those methods based on sampling techniques. Special focus will be put on the Multi-Level Monte Carlo method and the two implementations developed during the UMRIDA project, namely the Continuous MLMC and MLMC. All named methods have been described in the above sections of this book.
Monte Carlo-Based and Sampling-Based Methods and Their Range of Applicability
2018-07-21
6 pages
Article/Chapter (Book)
Electronic Resource
English
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