Simulation decomposition: Difference between revisions

Revision as of 04:19, 12 September 2023

Revision as of 02:55, 14 September 2023

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Understanding the nature of interaction effects in a computational model and its behavior in general is crucial for effective decision-making.

== Limitations ==

The SimDec method has several limitations:

* It is based on [[Monte Carlo method|Monte Carlo]] simulation and thus requires running a computational model a thousand of times or more.<ref name="informs" /> To models that take hours to evaluate once, it would be impossible to use SimDec (unless a supercomputer and/or or large of time are available).

* SimDec is based on a [[histogram]], thus, for binary or categorical output variables, the visualization would be very limited (e.g., only a few bins).

* The more input variables one selects for the decomposition, the less readable the histogram becomes. Only cases with two and three input variables are presented in.<ref name="kozlova_et_al_1" />

==References==