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 ?
2014) also developed probabilistic models to describe Pseudomonas growth responses in processed meat products formulated with NaN[O.
2 The algorithm of using the generic modular integrated probabilistic model of software reliability estimation
probabilistic models, and (4) general complementarity of models.
They consider LTL properties for discrete-time probabilistic models of 100 and 400 nodes.
This exception applies also to multiline slots, where probability applications related to groups of paylines rely on a representation of the display as part of a discrete mathematical structure (Cartesian grid or graph) generating a metric space (and implicitly a topology), within which properties such as connection, neighboring, and independence are defined to serve the probabilistic models (Barboianu, 2013c).
In this sense, the assumptions of probabilistic model are controversial issue.
Clearly, in down markets the probabilistic model can yield markedly higher property values than the traditional models typically used by servicers.
A database with critical asset attribute elements can provide insight to the pattern of failures and establish the framework for a probabilistic model that can replicate the failure patterns over time in a simulated environment.
This marked the first probabilistic model providing both such specialized capabilities to assess offshore energy hurricane risk in the Gulf and proper estimation of risk given the different insurance coverages and practices currently in the marketplace.
which the Court endorses the probabilistic model, you can find several
However, these methods can be applied effectively only when a "tenable" probabilistic model has been chosen for the accidental action in question.
In summary, the purpose of our previous scheme was to obtain probabilistic model parameters to model eye gaze duration using the VB algorithm.

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