Monte Carlo method

(redirected from Monte-Carlo methods)
Also found in: Dictionary, Encyclopedia.

Monte Carlo method

a computer trial or study which uses random numbers in the simulation and analysis of complex relationships and events.
References in periodicals archive ?
NEW YORK -- On Thursday, November 18th Numerix will host a webinar on valuation methodologies (NPV, NAV) of CLO's discussing traditional methods contrasted with advanced valuation methodologies based on Monte-Carlo methods.
Applying advanced Monte-Carlo methods to price CLO's
His research interests within the field of mathematical finance include the LIBOR Market Model, Efficient Calculation of Risk Measures with Monte-Carlo Methods, Pricing of Bermudan Options with Monte-Carlo Methods, and Markov Functional Models.