model

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Related to Data model: Relational data model, Conceptual data model

Model

Any mathematical formula or other structure that economists use to explain or predict occurrences. Economists test their models with real world facts before they gain wide acceptance, but, even then, there is no guarantee that a model will always be a correct predictor. See also: Model risk.

model

An abstraction of reality, generally referring in investments to a mathematical formula designed to determine security values. Economists also use models to project trends in economic variables such as interest rates, economic activity, and inflation rates.

model

see ECONOMIC MODEL.
References in periodicals archive ?
OMG's key deliverables for 2011 include a glossary of P&C business terms and metatdata, a conceptual data model, and a logical data model.
Just like the system data model, there may be multiple technology models.
O-DMS is an object oriented data model, with a large number of classes with a more than adequate set of attributes.
By combining the award-winning capabilities of Siperian Hub with the common and industry-specific data models from UDM, organizations can create and leverage unified views of customers and related locations, products and assets across data silos, resulting in improved top and bottom line performance," said Darlene Mann, Chief Executive Officer of Siperian.
He is the author of "The Data Model Resource Book" series, which describe over 230 reusable, holistic data models and was rated #12 on the Computer Literacy Best Seller List.
Company Introduces Packaged Data Models That Accurately Map Data Sets
Will Result in the World's Most Comprehensive Health-Care Industry Logical Data Model Designed Specifically for Enterprise Data Warehousing
CA's AllFusion ERwin Data Modeler is a natural starting point for creating Web/SOA-based applications because the vocabulary of the business is actually contained in the data model," said Steve Lemmo, CTO & Founder of ObjectRiver.
SchemaLogic enhances IBM's Content Management applications when prospects or accounts require taxonomy as an organizing structure of information and the ability to manage data models across various content repositories.
1 release, ER/Studio builds on its enterprise model management and collaboration capabilities to help organizations take a global approach to two important aspects of data management: reducing risks associated with data security and enhancing data model quality.
GE Fanuc's Proficy software leverages ISA-88 and ISA-95-compliant data models that will be able to be shared through the open industry interface so the data model can be further extended through additional applications.
Claraview Retail Performance Management includes the Claraview Retail Data Model, an enterprise data model that encompasses transaction-level operational and planning data and integrates with the Association for Retail Technology Standards (ARTS) operational data model.