AZUL
Economia, Estatística, Programação
February 27, 2024
Simulated Based Estimation and bad models
I recently learned about simulated based estimation and we had a very interesting discussion in class about one limitation of this. I decided to come up with an example to illustrate the issue and I think it is worth sharing. This post will be in English - unlike every other post so far - because this discussion was in English.
I will start explaining what simulation based estimation is to let everyone understand the example.