Monte Carlo simulations — no substitute for thinking

Created
Fri, 16/12/2022 - 00:26
Updated
Fri, 16/12/2022 - 00:26
In some fields—physics, geophysics, climate science, sensitivity analysis, and uncertainty quantification in particular—there is a popular impression that probabilities can be estimated in a ‘neutral’ or ‘automatic’ way by doing Monte Carlo simulations: just let the computer reveal the distribution … Setting aside other issues in numerical modeling, Monte Carlo simulation is a way to […]