model

(redirected from clubhouse model)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

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 clubhouse model: Empowering applications of theory to generalist practice.
As in the case of clubhouse models, there is limited information as to the efficacy of this approach in comparison to other interventions (Ryback, 1971; Toro et al., 1988).
Really, the strength of this clubhouse model is people feeling better about themselves, so they can try different things.
A recent response to this dilemma is Jackson's (2001) excellent use of the clubhouse model to illustrate generalist practice.
A second pillar of the Clubhouse model is a transitional employment program in which local employers provide members with paid employment of 15-20 hours a week for six to nine months.