• 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