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Most traditional strategies of assessing the fit between a simulation's set of predictions (outputs) and a set of relevant observations rely either on visual inspection or squared distances among averages. Here we introduce an alternative goodness-of-fit strategy, Ordinal Pattern Analysis (OPA)...
Persistent link: https://www.econbiz.de/10010755844
evidence that the natural science are much more heavily constrained by evidence and observation than by theory while the social … sciences are constrained by prior theory and hardly at all by direct evidence. Current examples of the latter proposition are … tool to constrain the development of a new social science by direct (what economists dismiss as anecdotal) evidence and …
Persistent link: https://www.econbiz.de/10004983496
evidence in social science, and particularly in the specification of agent-based models. It ends by suggesting some criteria … for judging methods for using qualitative evidence for this purpose. …
Persistent link: https://www.econbiz.de/10011158410
The standard model of optimal deterrence predicts that the probability of wrongful conviction of the innocent is, at the margin, as detrimental to deterrence as the probability of wrongful acquittal of guilty individuals. We extend the model in several directions: using expected utility as well...
Persistent link: https://www.econbiz.de/10010897151
Im vorliegenden Aufsatz wird ein Begriffskonzept entwickelt, das zum besseren Verständnis des Zusammenspiels der Dynamiken von Ökosystemen und Wirtschaft dient: das Konzept des Bestandes. Der Bestandsbegriff wird allgemein mengentheoretisch formuliert. Die zentrale Eigenschaft eines Bestandes...
Persistent link: https://www.econbiz.de/10009004753