JSTOR Daily

A Bayesian Framework for Quantifying Uncertainty in Stochastic Simulation

When we use simulation to estimate the performance of a stochastic system, the simulation often contains input models that were estimated from real-world data; therefore, there is both simulation and ...
San Francisco Fed

CardSim: A Bayesian Simulator for Payment Card Fraud Detection Research

Payment fraud has been high in recent years, and as criminals gain access to capability-enhancing generative AI tools, there is a growing need for innovative fraud detection research. However, the ...
Insurancenewsnet.com

Queensland University of Technology Reports Findings in Risk Management (A simulation-based empirical bayes approach: Incorporating unobserved heterogeneity in the before-after ...

2021 DEC 27 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News-- New research on Risk Management is the subject of a report. According to news reporting from Brisbane, Australia, ...
JSTOR Daily

Bayes Inference in Life Testing and Reliability via Markov Chain Monte Carlo Simulation

This is a preview. Log in through your library . Abstract The integrals involved in Bayesian inference have long served as an impediment to the wider application of these techniques in the analysis of ...