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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

model

see ECONOMIC MODEL.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
The 'intensive therapy' level of the PLISSIT model refers to the type of professional input that is usually only provided by trained relationship counsellors, sex therapists, or physicians.
Effectiveness of PLISSIT model sexual program on female sexual function for women with gynaecologic cancer.
For example, it is estimated that only 30 percent of the cancer population will need this last level of the PLISSIT model, for the majority of sexual function problems are resolved with providing permission, limited information, and specific suggestions (Derogatis & Kourlesis, 1981).
Consequently, validity and reliability to support the PLISSIT model or the suggested questions are not available.
One of the ways that OT practitioners could do this is by using the PLISSIT model and teaching other professionals to use it (Annon, 1977).