Why the best way to use data modelling is to understand its limits
Erica Thompson's new book, Escape from Model Land, offers a fascinating and important perspective on mathematical models as being not just models of the real.
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Escape from Model Land by Erica Thompson review - the power and pitfalls of prediction Felix Martin Fri 30 Dec 2022 02.30 EST "T he only function of economic forecasting," wrote the great.
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In Escape from Model Land, statistician Erica Thompson illuminates the hidden dangers of models. She demonstrates how models reflect the biases, perspectives, and expectations of their creators. Thompson shows us why understanding the limits of models is vital to using them well. A deeper meditation on the role of mathematics, this is an.
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Escape from model-land (Published in Bio-psycho-social foundations of macroeconomics) PDF Abstract Both mathematical modelling and simulation methods in general have contributed greatly to understanding, insight and forecasting in many fields including macroeconomics.
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In Escape from Model Land, statistician Erica Thompson illuminates the hidden dangers of models. She demonstrates how models reflect the biases, perspectives, and expectations of their creators. Thompson shows us why understanding the limits of models is vital to using them well. A deeper meditation on the role of mathematics, this is an.
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Escape from Model Land How Mathematical Models Can Lead Us Astray and What We Can Do About It By Erica Thompson $18.99 Format: ebook $18.99 Hardcover $30.00 Audiobook Download (Unabridged) Also available from: Amazon Apple Books Barnes & Noble Ebooks.com Kobo Description
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Escape from model land Climate Etc.
But models aren't a mirror of reality. In fact, they are fantasies, where everything works out perfectly, every time. And relying on them too heavily can hurt us. In Escape from Model Land, statistician Erica Thompson illuminates the hidden dangers of models. She demonstrates how models reflect the biases, perspectives, and expectations of.
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Mathematical models enable predictions and guide policy. But their assumptions may be unreliable and their guidance of limited value. We live in an information age, as the cliché has it—really.
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Their aim is to improve decision support by providing relevant, adequate information regarding the real-world target of interest, or making it clear why today's model models are not up to that task for the particular target of interest.
Escape from Model Land How Mathematical Models Can Lead Us Astray and What We Can Do About It
Model-land is a hypothetical world (Figure 1) in which mathematical simulations are evaluated against other mathematical simulations, mathematical models against other (or the same) mathematical model, everything is well-posed and models (and their imperfections) are known perfectly.
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Escape from Model Land: How Mathematical Models Can Lead Us Astray and What We Can Do About It Erica Thompson 3.69 161 ratings31 reviews Want to read Kindle $18.99 Rate this book Why mathematical models are so often wrong, and how we can make better decisions by accepting their limits
Escape from Model Land How Mathematical Models Can Lead Us Astray and What We Can Do About It
In Escape from Model Land, statistician Erica Thompson illuminates the hidden dangers of models. She demonstrates how models reflect the biases, perspectives, and expectations of their creators. Thompson shows us why understanding the limits of models is vital to using them well.
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In Escape from Model Land: How Mathematical Models Can Lead Us Astray and What We Can Do about It, Erica Thompson explores how mathematical models are used in contexts that affect our everyday lives - from finance to climate change to health policy - and what can happen when they are malformed or misinterpreted.Rather than abandoning these models, Thompson presents a compelling case for.
Escape from Model Land by Erica Thompson Hachette UK
Model-land is a hypothetical world in which our simulations are perfect, an attractive fairy-tale state of mind in which optimising a simulation invariably reflects desirable pathways in the real world.
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Escape from Model Land: How Mathematical. by Thompson, Erica Books › Science & Math › Mathematics Kindle $18.99 Available instantly Audiobook $0.00 with membership trial Hardcover $15.78 - $20.99 Paperback $18.51 Other Used and New from $9.00 Buy new: $20.99 List Price: $30.00 Details Save: $9.01 (30%)
