Economics Dictionary of ArgumentsHome | |||
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Model Bias - Economics Dictionary of Arguments | |||
Model bias: Model bias refers to the inherent limitations or inaccuracies within a model's structure or assumptions that lead to systematic errors or deviations from reality. It arises from simplifications or specific perspectives embedded in the model, potentially skewing predictions or conclusions. Addressing model bias involves recognizing and mitigating these limitations to enhance the model's accuracy and reliability in decision-making. See also Models, Model theory, Climate change, Method, Idealization, Prediction._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
Author | Item | More concepts for author | |
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Climatology | Model Bias | Climatology | |
Ed. Martin Schulz, access date 2024-04-27 |