Spin of the wheel : the role and reality of Monte Carlo simulations

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<title>Spin of the wheel</title>
<subTitle>: the role and reality of Monte Carlo simulations</subTitle>
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<namePart>Groenendaal, Huybert</namePart>
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<namePart>Zagmutt, Francisco</namePart>
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<abstract>Hurricane Katrina, September 11 and the other recent disaster across the world represent tragic examples of wors-case events that have become an increasingly prominent-and permanent-feature of the modern risk management landscape. This has made the use of analytical tools such as Monte Carlo simulations more critical than ever when preparing for the kinds of doomsday situations that can ruin an enterprise overnight. But getting the most out of such methods can be anything but easy</abstract>
<note type="statement of responsibility">Huybert Groenendaal, Francisco Zagmutt</note>
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<topic>Simulación Monte Carlo</topic>
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<topic>Modelos de simulación</topic>
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<topic>Análisis de riesgos</topic>
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<topic>Gerencia de riesgos</topic>
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<topic>Evaluación de riesgos</topic>
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<title>Risk Management</title>
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<publisher>New York</publisher>
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<text>Vol. 53, nº 8, August 2006 ; p. 10-14</text>
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