There are three ways a transition from one state to another can be triggered.
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There is an alternative modeling paradigm to System Dynamics and it is excellent for modeling…
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Wouldn’t a model have to be better if you included all known mechanisms? On the…
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After choosing how to measure a fit quantitatively, we need to find the set of…
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So far we’ve focused on optimizing parameter values for a single objective. But what if…
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A good fit is one where the historical and simulated results are very close together.
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You can also use historical data to calibrate model parameters.
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To assess how well our model fits the historical data qualitatively, we plot the simulated…
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There are many ways to exploit valuable empirical data to improve your models.
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Take a moment to reflect on these different forms of analysis and what each one…
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