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 ?
In conclusion, the slow release implant model, using the tested drugs through HVF vehicle, was not efficient in reducing the immune response in a controlled manner.
The Screw Loosening and Fatigue Analyses of Three Dimensional Dental Implant Model, Proceedings of the ABAQUS Users' Conference 2006, ABAQUS Inc.
Weitz & Luxenberg is now also accepting cases involving Advanced Bionics' earlier Clarion implant model based on similar defects and failures.
The company also announced that it will close unprofitable European operations and concentrate on improving its businesses in Asia based on the low-cost implant model for export sales.