Tag Archives: Modeling

Critique of econometric models in Thinking in Systems: a Primer

Donella Meadows’s book Thinking in Systems: A Primer (pp. 89-90) contains a rather interesting critique of econometric models and their limitations in explaining and predicting what happens in the world. While Meadows acknowledges that econometric models are more useful than … Continue reading

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Modeling Societal Collapse as a Result of Stingy Support for PhD Students

Editor’s note: recent publication of a study about the coming collapse of civilizations has most probably encouraged the author to submit this work for review. Due to its nature, we felt it best to present it to the whole world … Continue reading

Posted in Simulations | Tagged , , , | 4 Comments