Monte Carlo

What is Hybrid Discrete Tree Simulation and When Should You Use It?

How do you tackle a model with 318 paths? Well, whatever you do, you better not do it 318 times! Even if you were able to calculate a billion paths a second, it would still take 30,000 years or so.

The model we recently shared as part of the March Madness promotion was solved using Hybrid Discrete Tree Simulation, one of DPL's decision tree evaluation methods.

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