Average Reviews:
(More customer reviews)I found Thompson's book a pleasure to read. I was amazed to find out that difficult mathematical problems (such as the Gambler's Ruin problem, or Fokker-Planck's model) can be analyzed much easier when a microaxiomatic format with a simulation flow diagram is derived. Thompson uses a very clear style to explain things. Geometric Brownian processes, resampling-based tests, multivariate procedures and much more interesting stuff are treated in this book. People who are interested in the possibilities of problem-solving by simulation (more than in the mathematical fundaments of simulation) will find this book useful. For sure I am going to use simulation in my research more than I used to do...
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