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Interactive simulation for banking

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2 Author(s)

We have described our experimental approach to bank modeling, one intention of which is to permit bank management to estimate how well the policies they devise will stand up under the uncertainties that make the banking industry so dynamic. One need only look at government actions that affect the country's monetary policy to see the importance of possible but unexpected contingencies. We have modeled banking situations in a research environment. From a satisfactory demonstration in that context, we believe that our approach is worthy of further consideration by the banking industry.

Note: The Institute of Electrical and Electronics Engineers, Incorporated is distributing this Article with permission of the International Business Machines Corporation (IBM) who is the exclusive owner. The recipient of this Article may not assign, sublicense, lease, rent or otherwise transfer, reproduce, prepare derivative works, publicly display or perform, or distribute the Article.  

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IBM Systems Journal  (Volume:12 ,  Issue: 2 )