Validation of a simulation is a critical success factor to an effective modeling programme. Over the years of completing many, many models we have acquired some experience about the techniques for validating models in a clear and objective manner – combined with practices inherited from the “Design of Experiments” (DOE)…
Hedge funds (HFs) operate in a complex continually evolving competitive global system. Survival and success factors include having strong controls and an outstanding reputation to attract and retain both investors and the brightest people they can find, who are continually being fed better information from their contacts and by their data models, who can…
Introduction
The purpose of this blog post is to describe the prototype model developed for CSHI/Medicaid in Alabama. It is intended to stimulate dialogue on how the model could be developed to help understand and address some of the complex issues facing healthcare provision for Medicaid patients with the chronic…
The following terms, which are used in describing our approach to consulting, are briefly explained here.
Dynamic Systems Theory/Strategy Dynamics
Based on Jay Forresters pionering work, this approach to business looks at the way complex systems evolve over time under the impact of simple rules. In the UK
In collaboration with our partner company, Typhon at the Lloyd’s market, we’ve pulled together some preliminary thoughts on how simulation can help underwriters gain a better understanding of where there may be significant unknown risks in a property portfolio. Based on our experience, we believe that a…
In collaboration with our partner company, Typhon at the Lloyd’s…
Simulation Science, in our mental model, is the application of ‘linear science’ and ‘nonlinear science’ to solving…
Back in 2004, Simudyne identified a critical market need for the development of a new simulation platform that would provide…
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