Tutorial on Sensitivity Analysis

This tutorial is aimed at giving a detailed introduction to Sensitivity Analysis: the state of the art is presented, together with some comparisons between different approaches and methods available.

It is a useful overview especially for beginners, providing them with the knowledge required to start applying sensitivity analysis. Practitioners will find it interesting as well, having the occasion to revise some arguments and to deepen some others; some insights are also given referring to the problem of 'when to use what', depending on the single case study.

To start with, we propose the following material :

• Cookbook

• Global Sensitivity Analysis: An introduction. Andrea Saltelli

• Sensitivity Analysis for Importance Assessment. Andrea Saltelli

• Sensitivity Analysis Practices. Strategies for model-based inference. Andrea Saltelli, Marco Ratto, Stefano Tarantola, Francesca Campolongo

• Book on Sensitivity Analysis (Preface)

Here is some bibliographic material, where the reader will find the greater part of sensitivity analysis studies, together with applications and reviews:

• Sensitivity Analysis for Chemical Models
• Archer, G.; Saltelli, A.; Sobol’, I. M. Journal of Statistical Computation and Simulation 1997, 58, 99
• Ratto, M.; Tarantola, S.; Saltelli, A. Computer Physycs Communications 2001, 136, 212.
• Saltelli, A. Computer Physics Communications 2002, 145, 280
• Saltelli, A.; Tarantola S.; Chan, K. Technometrics 1999, 41, 39
• Saltelli A.; Tarantola, S. Journal of American Statistical Association 2002, 97, 702
• Saltelli, A.; Tarantola, S.; Campolongo, F. Statistical Science 2000, 15, 377
• Tarantola, S.; Gatelli, D.; Mara, T. Reliability Engineering and System Safety 2005,  forthcoming

Here are three papers from Journal of Economic Perspectives—Volume 24, Spring 2010

• Edward E. Leamer - Tantalus on the Road to Asymptopia
• Joshua D. Angrist and Jörn-Steffen Pischke - The Credibility Revolution in Empirical Economics: How Better Research Design is Taking the Con out of Econometrics
• Christopher A. Sims - But Economics Is Not an Experimental Science

An article from J.E. Stiglitz on the Journal of the European Economic Association (2011)

And the Handbook on Impact Evaluation of the World Bank, 2010 by: Shahidur R. Khandker, Gayatri B. Koolwal, Hussain A. Samad