{"62668":{"#nid":"62668","#data":{"type":"event","title":"Exact Simulation of the Equilibrium Distribution of Reflected Stochastic Networks with Levy Input","body":[{"value":"\u003Cp\u003E\u003Cstrong\u003ETITLE:\u003C\/strong\u003E Exact Simulation of the Equilibrium Distribution of\n    Reflected Stochastic\n    \u003Cbr \/\u003E\n    Networks with Levy Input\u003C\/p\u003E\u003Cp\u003E\u003Cstrong\u003ESPEAKER:\u003C\/strong\u003E\u0026nbsp; Jose Blanchet\u003C\/p\u003E\u003Cp\u003E\u003Cstrong\u003EABSTRACT:\u003C\/strong\u003E\u003C\/p\u003E\u003Cp\u003EReflected stochastic networks arise in the analysis of a large class\n    of\n    queueing systems. The most popular model of this type is perhaps\n    reflected Brownian motion, which arises in the heavy-traffic\n    analysis of\n    generalized Jackson networks. In this talk we discuss Monte Carlo\n    \u003Cbr \/\u003E\n    simulation strategies for the steady-state analysis of reflected\n    stochastic networks. In particular, we show how to exactly (i.e.\n    without\n    bias) simulate the equilibrium distribution of a reflected\n    stochastic\n    network with compound Poisson input and how to provide samples that\n    are\n    \u003Cbr \/\u003E\n    close (with explicit and controlled error bounds) to both the\n    transient\n    and the steady-state distribution of reflected Brownian motion in\n    the\n    positive orthant. (Joint work with Xinyun Chen.)\u003C\/p\u003E","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":"","field_summary_sentence":[{"value":"Exact Simulation of the Equilibrium Distribution of Reflected Stochastic Networks with Levy Input"}],"uid":"27187","created_gmt":"2010-11-10 14:12:30","changed_gmt":"2016-10-08 01:53:24","author":"Anita Race","boilerplate_text":"","field_publication":"","field_article_url":"","field_event_time":{"event_time_start":"2010-11-15T10:00:00-05:00","event_time_end":"2010-11-15T11:00:00-05:00","event_time_end_last":"2010-11-15T11:00:00-05:00","gmt_time_start":"2010-11-15 15:00:00","gmt_time_end":"2010-11-15 16:00:00","gmt_time_end_last":"2010-11-15 16:00:00","rrule":null,"timezone":"America\/New_York"},"extras":[],"groups":[{"id":"1242","name":"School of Industrial and Systems Engineering (ISYE)"}],"categories":[],"keywords":[],"core_research_areas":[],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[],"email":[],"slides":[],"orientation":[],"userdata":""}}}