DocumentCode
532585
Title
The application of Monte Carlo computer simulation in economic decision-making
Author
Daoyuan, Shi
Author_Institution
Dept. of Manage. Eng., Chongqing Aerosp. Polytech. Coll., Chongqing, China
Volume
7
fYear
2010
fDate
22-24 Oct. 2010
Abstract
The risk of the uncertainty of the economic decision-making is analysed by means of the appropriate economic model with Monte Carlo simulation as a means and Excel VBA as a computing platform. This method makes up the deficiencies of traditional decision-making tools and has some practical significance.
Keywords
Monte Carlo methods; Visual BASIC; decision making; economics; office automation; Excel VBA; Monte Carlo computer simulation; economic decision-making; Analytical models; Biological system modeling; Decision making; Marketing and sales; Excel VBA; Monte Carlo simulation; risk;
fLanguage
English
Publisher
ieee
Conference_Titel
Computer Application and System Modeling (ICCASM), 2010 International Conference on
Conference_Location
Taiyuan
Print_ISBN
978-1-4244-7235-2
Electronic_ISBN
978-1-4244-7237-6
Type
conf
DOI
10.1109/ICCASM.2010.5620786
Filename
5620786
Link To Document