Monte Carlo Methods and Engineering Applications
Monte Carlo methods have versatile applications in a number of fields in science and engineering. Over the years it has received much attention in research development. While new algorithms are still arising in different fields, it is fair to say that Monte Carlo methods, either in its basic or advanced versions (e.g., Markov Chain Monte Carlo Simulation), are now established and ready for applications in a real practical engineering setting, thanks to the advent of modern computer technology. Nevertheless many issues are still encountered in real applications and new expectations or endeavors are forming upon recognition of the availability of this powerful tool. This special session aims at providing a forum for discussion on theoretical and practical issues in the development and application of Monte Carlo methods. Contributions to theory development, applications, and implementation in engineering practice, etc., are welcome.