Imrecon

Imrecon uses Monte Carlo simulation modelling to help analyse risk and dynamic processes such as economic regulation and has pioneered its use in financeability and incentive analysis for policy reviews.

Imrecon's approach to simulation modelling is generally to avoid unnecessary complexity in the problem being modelled.  Typically, high level relationships are better understood than lower level relationships and little value is added by attempting to model dynamics that are difficult to scope.  This means that simulation models are often relatively small high level strategic models.  Sometimes, however, Imrecon uses simulation modelling to generate high level scenarios in a more comprehensive financial or policy model.

Simulation modelling is used in the PAACTS methodology.

Imrecon uses Palisade @RISK.