Parameters Estimation Using Bootstrapping For System Dynamics Models

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ISBN: 365953269X
ISBN 13: 9783659532696
Autor: Mesabbah, Mohammed
Verlag: LAP LAMBERT Academic Publishing
Umfang: 132 S.
Erscheinungsdatum: 29.05.2014
Auflage: 1/2014
Format: 0.9 x 22 x 15
Gewicht: 215 g
Produktform: Kartoniert
Einband: Kartoniert
Artikelnummer: 6770777 Kategorie:

Beschreibung

In system dynamics models, distributions for uncertain parameters are required for testing model sensitivity. As well in the same context, it could be used to test sensitivity and robustness for new policies. Moreover, these distributions could be used for confidence intervals estimation and hypothesis testing. Residual bootstrapping technique (RBT) is one of bootstrapping techniques that could be used for estimating parameters distributions for system dynamics models. RBT is a statistical technique based on resampling residuals for fabricating new historical data. These new historical data is used to fit the model and get new estimates for the parameters. Repeating this many times will generate many estimates for the parameter(s). In this work a proposed method based on RBT is used to improve the bias that could be resulted from estimation. The commodity cycle model for hogs in USA is used as case study. Some table relationships in this model have been replaced by nonlinear functions. RBT is used for estimating parameters distributions for these nonlinear functions.

Autorenporträt

Mohammed Mesabbah is a teaching assistant in Department of Operations Research at the Faculty of Computers and Information in Cairo University. He is also a member of 3S Group (A research unit specialized in complex systems simulation and optimization) in Dublin Institute of Technology. He has a M.Sc. in System Dynamics from University of Bergen.

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