| Article ID: | iaor19981492 |
| Country: | United States |
| Volume: | 34 |
| Issue: | 12 |
| Start Page Number: | 225 |
| End Page Number: | 236 |
| Publication Date: | Jan 1994 |
| Journal: | Acta Applicandae Mathematicae |
| Authors: | Glynn P.W. |
This paper offers a short introduction to the regenerative method of steady-state simulation output analysis. The paper also contains several new results. In particular, it is shown that regenerative methods necessarily apply to steady-state simulations that are ‘well-posed’ in a certain precise sense. The paper also describes a bias-reduction algorithm that takes advantage of regenerative structure.