math does a better job. Economics is not math, but rather math is a tool for presenting and manipulating/exploring/using economic models. Many economic models use math to explain cause and effect. Don’t worry, though, we’re
The economic leakage approach in developing countries is underestimated. This is also due to reasons such as non-physical losses, the annual cost of water supply facilities, and less production capacity than needed. Also, calculating the economic level of leakage requires information that is not ...
Recent results on robust forecasting using open models subject to structural breaks and policy regime shifts are summarized.doi:10.1016/S0573-8555(04)69006-7Grayham E. MizonContributions to Economic AnalysisMizon, G. E. (2004). The Use of Econometric Models in Economic Policy Analysis In A. ...
Then, the end-user of a model should evaluate (i) the sources of data to inform the model, (ii) the generalisability of the model for an MCO population, and (iii) the face validity of the assumptions of the model.Conclusion: Pharmacoeconomic models in diabetes offer potential for ...
Alexandrova A, Northcott R (2013) It's just a feeling: why economic models do not explain. J Econ Methodol 20:262–267 Article Google Scholar Bookstaber R (2017) The End of Theory: financial crises, the failure of economics and the sweep of human interaction. Princeton University Press, ...
Models based on the simulation of the spatial pattern of land use change processes are used to understand and explain the process of regional land use changes and trends in effective ways. However, the current real land use changes and the spatial distribution of the combination in different ...
adaptive statistical methods invalid or may complicate interpretation of results [22]. It is therefore essential for authors to detail important changes that occurred outside the scope of the pre-planned adaptations and to explain why deviations from the planned adaptations were necessary. Furthermore,...
To advance international business and global strategy research, we develop and test a conceptual framework that explicitly focuses oncomprehension. Drawing on dual-process theories (e.g., Stanovich2009; Thompson2009), which are often employed to explain behavior in foreign language contexts (e.g., ...
Read the PIS, explain what taking part involves (female (ex) partners only). 3. Invite them to participate in the research (baseline and follow up interviews) (female (ex) partners only). 4. Advise them that an ISS worker will also be calling them to offer them support. ...
More precisely, lattice theory is employed to explain structures of objects and attributes to (characteristics of) these objects. These structures are called “contexts” and “concepts” (in lattice theory, the meanings of the words “concept” and “context” are different than their meanings in...