Model Validation by Using Monte-Carlo Simulation

Model Validation by Using Monte-Carlo Simulation

DOI: 10.4018/978-1-5225-2268-3.ch006
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Real World Cases: Software Packages

GeNIe Modeler

GeNIe Modeler is a graphical user interface (GUI) to SMILE Engine and allows for interactive model building and learning. It is written for the Windows environment but can be also used on Mac OS and Linux under Windows emulators. It has been thoroughly tested in the field since 1998, has received a wide acceptance within both academia and industry, and has thousands of users world-wide. An important design criterion for all our products has been from the very start that they should allow for a complete modeling freedom. GeNIe models do not bend reality to available modeling tools. Whatever the domain demands, can be modeled in our software. Because no exact algorithms exist for some type of models, our software is equipped with a suite of approximate stochastic sampling algorithms, capable of solving any models created by the users. Available at:

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