|
|
Keywords:
Quantitative,
Theoretical,
Explain,
Scientific,
Framework
A theoretical system that represents scientific processes using a set of variables and the quantitative relationships between them.
A formal set of relationships that attempt to represent some processes of the real world. Some models are intended to explain causes and effects of processes, others are tools to estimate or project the results of those processes, even if the processes themselves are not fully understood.
Specific application of a general theoretical view.
a set of assumptions put forth to explain the observed behavior of matter. The models of chemistry usually involve assumptions about the behavior of individual atoms or molecules.
In economics, a model is a theoretical construct that represents economic processes by a set of variables and a set of logical and quantitative relationships between them. As in other fields, models are simplified frameworks designed to illuminate complex processes.
An abstract model (or conceptual model) is a theoretical construct that represents something, with a set of variables and a set of logical and quantitative relationships between them. Models in this sense are constructed to enable reasoning within an idealized logical framework about these processes and are an important component of scientific theories. Idealized here means that the model may make explicit assumptions that are known to be false (or incomplete) in some detail.
|