Summary
In scenario analysis representative and meaningful scenarios can be obtained with the help of branch-and-bound algorithms, equation systems as well as optimization and simulation models. The computer program BASICS simulates scenarios by a stepwise probability adjustment of scenario components. BASICS uses a rational function for adjusting. Here the question arises why this special kind of adjustment function is chosen. We additionally use similar but easier adjustment functions, compare the results and use cluster analysis to test the representativity of the total scenario space.
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References
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© 1996 Springer-Verlag Berlin · Heidelberg
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Missler-Behr, M. (1996). Scenario Analysis with BASICS. In: Gaul, W., Pfeifer, D. (eds) From Data to Knowledge. Studies in Classification, Data Analysis, and Knowledge Organization. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-79999-0_32
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DOI: https://doi.org/10.1007/978-3-642-79999-0_32
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-60354-2
Online ISBN: 978-3-642-79999-0
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