Calculating First-order Sensitivity Measures: A Benchmark of Some Recent Methodologies

This work compares three different global sensitivity analysis some available techniques, namely the State Dependent Parameter modeling (SDP), the Random Balance Designs, and the improved formulas of the Sobol¿ sensitivity indices. These techniques are not yet commonly known in the literature. Strengths and weaknesses of each technique in terms of efficiency and computational cost are highlighted, thus enabling the user to choose the more suitable method depending on the computational model analysed. Two test functions proposed in the literature are considered. Computational costs and convergence rates for each function are compared and discussed.JRC.G.9-Econometrics and applied statistic