I am particularly interested in mathematical basis of monte carlo simulation, as well as applications in consumer behavior or any other useful application in the field of marketing. I would prefer to start with introductory materials (like step-by-step tutorials) on its applications. Thank you.
This is a reasonable question with lots of possible answers.
A huge collection of videos that introduce and illustrated Monte Carlo simulation:
https://www.youtube.com/watch?v=pDExObTMHTs
In addition, open courseware on Monte Carlo simulatilon is available from MIT:
http://ocw.mit.edu/courses/materials-science-and-engineering/3-320-atomistic-computer-modeling-of-materials-sma-5107-spring-2005/video-lectures/lecture-18-monte-carlo-simulation-ii/
Professor James, thanks for sharing useful links. Much appreciated.
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