Computer Science
8 years ago

MCMC simulation revolutionizes rare event prediction for improved risk assessment.

The research and simulation about rare events based on MCMC
Yabing Guo, Wenbing Chang, Shenghan Zhou

Paper Summary

The article discusses the importance of rare events and introduces a method called MCMC sampling to simulate these events. The researchers used Gibbs sampling, a popular algorithm, within the MCMC framework. They also introduced a software called WinBUGS to support this method.

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