Zou, Yongchen (2011) The Power of Assumptions. Modern Economy, 02 (04). pp. 514-520. ISSN 2152-7245
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Official URL: https://doi.org/10.4236/me.2011.24056
Abstract
This paper examines computational merits provided by assumptions made in scientific modeling, especially regression, by trying to exhibit abstractly a model deprived of those assumptions. It shows that the principle of Occam’s Razor has been mistakenly used as model developers’ justification to keep scientific models “as simple as possible”, and that the cost of inflating computability is truncation of model robustness.
| Item Type: | Article |
|---|---|
| Subjects: | Opene Prints > Multidisciplinary |
| Depositing User: | Managing Editor |
| Date Deposited: | 01 Jul 2023 06:56 |
| Last Modified: | 12 Oct 2023 06:12 |
| URI: | http://geographical.go2journals.com/id/eprint/2287 |
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