Monte Carlo simulations have become a cornerstone in quantitative finance, particularly in the pricing of complex options and in modelling volatility dynamics. This numerical method employs random ...

A new technique allows complex interactions in materials to be simulated using Monte Carlo simulations thousands of times ...

Process variations and device mismatches profoundly affect the latest ultra-small geometrical processes. Complexity creates additional factors that impact device manufacturing variability, which in ...

With highly specialized instruments, we can see materials on the nanoscale – but we can’t see what many of them do. That limits researchers’ ability to develop new therapeutics and new technologies ...

Particle physicists are building innovative machine-learning algorithms to enhance Monte Carlo simulations with the power of AI. Originally developed nearly a century ago by physicists studying ...

A new method is using Monte Carlo simulations to extend the capabilities of transmission electron microscopy and answer fundamental questions in polymer science. With highly specialized instruments, ...