The Cross-Entropy Method 53 Once the crises of the

Once the crises of the 1930s and 1940s were over

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The Cross-Entropy Method 53 Once the crises of theThis book is a comprehensive and accessible introduction to the cross entropy (CE) method. The CE method started life around 1997 when the first author proposed an adaptive algorithm for rare event simulation using a cross entropy minimization technique. It was soon realized that the underlying ideas had a much wider range of application than just in rare event simulation; they could be readily adapted to tackle quite general combinatorial and multi