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public:e-217-prog-2010-1:thorisson-simulation-1 [2010/03/24 16:16] thorissonpublic:e-217-prog-2010-1:thorisson-simulation-1 [2024/04/29 13:33] (current) – external edit 127.0.0.1
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 ====Where Simulation Fits In Science====   ====Where Simulation Fits In Science====  
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 | Challenges  | a. Grounding Simulations \\ b. Detail \\ c. Abstraction | | Challenges  | a. Grounding Simulations \\ b. Detail \\ c. Abstraction |
 | Grounding  | The connection between a simulation (model) and reality  | | Grounding  | The connection between a simulation (model) and reality  |
-| Complexity  | How complex should we make a model/simulation?  |+| Complexity  | How complex should we make a model/simulation? More complexity ≠ more explanatory power |
 | Abstraction  | How abstract can we make things? \\ What is the difference between simulating market behavior by modeling every individual consumer, versus modeling the market behavior grossly as "percent of those who buy"?  | | Abstraction  | How abstract can we make things? \\ What is the difference between simulating market behavior by modeling every individual consumer, versus modeling the market behavior grossly as "percent of those who buy"?  |
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 | Exogeneous variables  | Independent variable that affects a model without being affected by it, and whose qualitative characteristics and method of generation are not specified by the model builder. An exogenous variable is used for setting arbitrary external conditions, and not in achieving a more realistic model behavior. For example, the level of government expenditure is exogenous to the theory of income determination. [[http://www.businessdictionary.com/definition/exogenous-variable.html|REF]]  | | Exogeneous variables  | Independent variable that affects a model without being affected by it, and whose qualitative characteristics and method of generation are not specified by the model builder. An exogenous variable is used for setting arbitrary external conditions, and not in achieving a more realistic model behavior. For example, the level of government expenditure is exogenous to the theory of income determination. [[http://www.businessdictionary.com/definition/exogenous-variable.html|REF]]  |
  
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 +[[http://cadia.ru.is/wiki/public:e-217-prog-2010-1:thorisson-simulation-2|Thórisson Lecture 2 ->]]
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/var/www/cadia.ru.is/wiki/data/attic/public/e-217-prog-2010-1/thorisson-simulation-1.1269447386.txt.gz · Last modified: 2024/04/29 13:32 (external edit)

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