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Showing 1 to 1 of 1 for “"sampling controlled stochastic recursions"”.
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Sampling Controlled Stochastic Recursions: Applications to Simulation Optimization and Stochastic Root Finding
… point by repeatedly executing a Monte Carlo (stochastic) simulation. SO, introduced more than six decades ago through the seminal work of Robbins and Monro (and later by Kiefer and Wolfowitz), has recently generated much attention. Such interest is primarily because of SOs flexibility, …