Model Thinking Notes: Difference between revisions

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=Lectures=
=Lectures=


=1=
==1==
* Why use models?
* Why use models?
** Lots of fields use models
** Lots of fields use models
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** Decide, Strategize and design
** Decide, Strategize and design


=2=
==2==
How models make you a better citizen of the world
How models make you a better citizen of the world
*"All models are wrong, but some are useful" George EP Box
*"All models are wrong, but some are useful" George EP Box
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*Models make us humble
*Models make us humble


=3=
==3==
How models make us clear thinkers
How models make us clear thinkers
*Step 1: Name the parts
*Step 1: Name the parts
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*Identify logical boundaries (identify conditions under which to apply rules)
*Identify logical boundaries (identify conditions under which to apply rules)
*Use models to communicate
*Use models to communicate
=Readings=
==Why Model?==
By: Joshua M. Epstein
==The Model Thinker: Prologue, Introduction and Chapter 1==

Revision as of 17:07, 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

3

How models make us clear thinkers

  • Step 1: Name the parts
  • Step 2: Identify the relationships (between those parts and how things play out)
  • Outcomes: Equilibrium, cycle, random, complex
  • Identify logical boundaries (identify conditions under which to apply rules)
  • Use models to communicate

Readings

Why Model?

By: Joshua M. Epstein

The Model Thinker: Prologue, Introduction and Chapter 1