Model Thinking Notes: Difference between revisions
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*"All models are wrong, but some are useful" George EP Box | *"All models are wrong, but some are useful" George EP Box | ||
*Models are the language of business, academia, non-profit, almost all purposes | *Models are the language of business, academia, non-profit, almost all purposes | ||
*Models give us the conditions under which rules are best applied | |||
*Formal models do better than any semi-formal technique | |||
*Models are fertile, a model designed for one system can often be cross applied to other domains | |||
*Models make us humble | |||
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Revision as of 16:51, 12 March 2012
Lectures
1
- Why use models?
- Lots of fields use models
- Models produce clearer thinking, make you a better thinker
- Use and understand data
- Decide, Strategize and design
2
How models make you a better citizen of the world
- "All models are wrong, but some are useful" George EP Box
- Models are the language of business, academia, non-profit, almost all purposes
- Models give us the conditions under which rules are best applied
- Formal models do better than any semi-formal technique
- Models are fertile, a model designed for one system can often be cross applied to other domains
- Models make us humble