Analyzing Quantitative Models

J. Scott Armstrong () and Shapiro George

General Economics and Teaching from EconWPA

Abstract: How can a potential user distinguish between a quantitative model that may be of some real value and one that is not? The model builder rarely provides much help, since most are advocates of their own work and tend to lose their objectivity toward the model. Therefore, an independent evaluation is necessary to judge the true usefulness of the model.

Keywords: quantitative models; analysis (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2005-02-11
Note: Type of Document - pdf; pages: 10

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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpgt:0502031

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