Werker, Claudia; Brenner, Thomas - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2004
In economics simulation models are used quite a lot to carry out mathematical experiments.However, the specification of … -especially if the results found in the simulation models are striking. Then, the audience cannothelp but think that there has … calibrating simulation models in a waythat makes their results more acceptable. However, compared with models of …