Jose Blanchet, Kevin Leder, Yixi Shi (2011) Analysis of a Splitting Estimator for Rare Event Probabilities in Jackson Networks. Stochastic Systems 1(2):306-339. https://doi.org/10.1287/11-SSY026
Abstract
We consider a standard splitting algorithm for the rare-event simulation of overflow probabilities in any subset of stations in a Jackson network at level n, starting at a fixed initial position. It was shown in [8] that a subsolution to the Isaacs equation guarantees that a subexponential number of function evaluations (in n) suffices to estimate such overflow probabilities within a given relative accuracy. Our analysis here shows that in fact O(n2βV + 1) function evaluations suffice to achieve a given relative precision, where βV is the number of bottleneck stations in the subset of stations under consideration in the network. This is the first rigorous analysis that favorably compares splitting against directly computing the overflow probability of interest, which can be evaluated by solving a linear system of equations with O(nd) variables.
Authors
Jose Blanchet, Kevin Leder, Yixi Shi
Publication date
2011/11
Journal
Stochastic Systems
Volume
1
Issue
2
Pages
306-339
Publisher
INFORMS