The Monte Carlo Event Generator YFSWW3 version 1.16 for W-Pair Production and Decay at LEP2/LC Energies

We present the Monte Carlo event generator YFSWW3 version 1.16 for theprocess of W-pair production and decay in electron-positron collisions. It includes ${\cal O}(\alpha)$ electroweak radiative corrections in the WW production stage together with the ${\cal O}(\alpha^3)$ initial-state-radiation (ISR) corrections in the leading-logarithmic (LL) approximation, implemented within the Yennie-Frautschi-Suura (YFS) exclusive exponentiation framework. The photon radiation in the W decays is generated by the dedicated program PHOTOS up to ${\cal O}(\alpha^2)$ LL, normalised to the W branching ratios. The program is interfaced with the $\tau$ decay library TAUOLA and the quark fragmentation/hadronization package JETSET. The semi-analytical code KORWAN for the calculations of the differential and total cross-sections at the Born level and in the ISR approximation is included.