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The self-consistent prediction of nonlinear, potentially chaotic, systems must account for observational noise both when constructing the model and when determining the current state of the system to be used as `the' initial condition. In fact, there exists an ensemble of initial states of the...
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Both mathematical modelling and simulation methods in general have contributed greatly to understanding, insight and forecasting in many fields including macroeconomics. Never-theless, we must remain careful to distinguish model-land and model-land quantities from the real world. Decisions taken...
Persistent link: https://www.econbiz.de/10011990910
Both mathematical modelling and simulation methods in general have contributed greatly to understanding, insight and forecasting in many fields including macroeconomics. Nevertheless, we must remain careful to distinguish model-land and model-land quantities from the real world. Decisions taken...
Persistent link: https://www.econbiz.de/10012110757
Pattern scaling methods are being widely applied to generate scenarios of climate change for quantification of their impacts on different systems. While generic limitations of this approach are welldocumented, the implications of the use of pattern scaling to inform adaptation decisions are not...
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