model

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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 ?
The lack of available nursing models informed by a Maori worldview is something Maori nurses comment on (Health, Education & Community Services, 2001; Ministerial Taskforce on Nursing, 1998).
In addition to nursing theory and practice, students in the accelerated program attend role transition seminars that compare the nursing model with the physician model.
A new nursing model has been presented to augment knowledge of cognitive functioning after MBI.
Rogers' SUHB formed the basis for an acausal nursing model from which one can conceptualize things in a non-traditional manner, leading to innovative and different ways of speaking, writing, and thinking about the world.
Nurses are the single largest group of health care professionals and are critical to realizing the new mandate of disease prevention, a central precept of the nursing model of health care.
The seven domains of evidence for designation are: leadership, resource utilization and development, nursing model, safe and ethical practice, autonomous practice, research, and quality processes.
While we are signed up to participate in pilots of the new community nursing model, it's crucial that members with professional concerns about this issue communicate them to us so that we can make sure their voices are heard.
The analysis indicated that only two organizational and operational factors were associated with lower labor costs per patient in the hospitals studied: (a) the use of a care pairs nursing model (pairing a registered nurse with a nursing assistant) and (b) use of computerized results reporting (p.
A score is calculated, that measures an independence level for 60 activities, under the 12 headings from the Roper, Logan and Tierney nursing model.
Both the "physician extender" and "nurse expander" views are valid for the GNP, since she integrates the medical with the nursing model of care.
Our relationship with Oxford allows us to operate a skilled nursing model that offers a combination of elegant living environments, short and long term rehabilitation services, and special medical programs for those patients transitioning post hospitalization or who have chronic clinical conditions," stated Derek Prince, president and chief operating officer for Mason Health.

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