Fully and thoughtfully updated, Exploring Monte Carlo Methods, Second Edition, provides a valuable introduction to the numerical methods that have come to be known as Monte Carlo. This unique and trusted resource for course use, as well as researcher reference, offers accessible coverage, clear explanations, and helpful examples throughout. Building from the basics, the text also includes applications in a variety of fields, such as physics, nuclear engineering, finance and investment, medical modelling and prediction, archaeology, geology, and transportation planning.