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This paper proposes a framework in which agents are constrained to use simple models to forecast economic variables and characterizes the resulting biases. It considers agents who can only entertain state-space models with no more than d…

Theoretical Economics · Economics 2024-10-10 Pooya Molavi

Multiple linear regression is a basic statistical tool, yielding a prediction formula with the input variables, slopes, and an intercept. But is it really easy to see which terms have the largest effect, or to explain why the prediction of…

Methodology · Statistics 2025-07-23 Peter J. Rousseeuw

The climate system is a forced, dissipative, nonlinear, complex and heterogeneous system that is out of thermodynamic equilibrium. The system exhibits natural variability on many scales of motion, in time as well as space, and it is subject…

Atmospheric and Oceanic Physics · Physics 2020-08-05 Michael Ghil , Valerio Lucarini

A knowledge system S describing a part of real world does in general not contain complete information. Reasoning with incomplete information is prone to errors since any belief derived from S may be false in the present state of the world.…

Artificial Intelligence · Computer Science 2011-05-20 Eliezer L. Lozinskii

In psychiatry, we often speak of constructing "models." Here we try to make sense of what such a claim might mean, starting with the most fundamental question: "What is (and isn't) a model?". We then discuss, in a concrete measurable sense,…

Neurons and Cognition · Quantitative Biology 2020-04-15 LR Mujica-Parodi , HH Strey

This review article provides an overview of recent work in the modeling and analysis of recurrent events arising in engineering, reliability, public health, biomedicine and other areas. Recurrent event modeling possesses unique facets…

Methodology · Statistics 2007-08-03 Edsel A. Peña

Unlike any other field, the science of morality has drawn attention from an extraordinarily diverse set of disciplines. An interdisciplinary research program has formed in which economists, biologists, neuroscientists, psychologists, and…

Populations and Evolution · Quantitative Biology 2019-07-23 Walter Veit

We propose a set of precise criteria for saying a neural net learns and uses a "world model." The goal is to give an operational meaning to terms that are often used informally, in order to provide a common language for experimental…

Artificial Intelligence · Computer Science 2025-07-30 Kenneth Li , Fernanda Viégas , Martin Wattenberg

Mixed-effect models are flexible tools for researchers in a myriad of fields, but that flexibility comes at the cost of complexity and if users are not careful in how their model is specified, they could be making faulty inferences from…

Methodology · Statistics 2023-08-28 Keith R. Lohse , Allan J. Kozlowski , Michael J. Strube

Formal modelling provides a toolkit for understanding cultural dynamics, from individual decisions to recurring patterns of change. This chapter explains what models are and why they matter. Using a precise, shared language, they aid…

Physics and Society · Physics 2026-01-05 Fredrik Jansson

Multilevel or hierarchical data structures can occur in many areas of research, including economics, psychology, sociology, agriculture, medicine, and public health. Over the last 25 years, there has been increasing interest in developing…

Methodology · Statistics 2018-01-08 Bernet S. Kato , Carel F. W. Peeters

Computational models pervade all branches of the exact sciences and have in recent times also started to prove to be of immense utility in some of the traditionally 'soft' sciences like ecology, sociology and politics. This volume is a…

By linking conceptual theories with observed data, generative models can support reasoning in complex situations. They have come to play a central role both within and beyond statistics, providing the basis for power analysis in molecular…

Methodology · Statistics 2022-08-15 Kris Sankaran , Susan P. Holmes

We develop a qualitative model of decision making with two aims: to describe how people make simple decisions and to enable computer programs to do the same. Current approaches based on Planning or Decisions Theory either ignore uncertainty…

Artificial Intelligence · Computer Science 2013-02-18 Blai Bonet , Hector Geffner

In naturalistic learning problems, a model's input contains a wide range of features, some useful for the task at hand, and others not. Of the useful features, which ones does the model use? Of the task-irrelevant features, which ones does…

Machine Learning · Computer Science 2020-10-26 Katherine L. Hermann , Andrew K. Lampinen

Climate science is the multidisciplinary field that studies the Earth's climate and its evolution. At the very core of climate science are indispensable climate models that predict future climate scenarios, inform policy decisions, and…

Systems and Control · Electrical Eng. & Systems 2025-11-03 Salma M. Elsherif , Ahmad F. Taha

Models can be simple for different reasons: because they yield a simple and computationally efficient interpretation of a generic dataset (e.g. in terms of pairwise dependences) - as in statistical learning - or because they capture the…

Disordered Systems and Neural Networks · Physics 2018-10-17 Alberto Beretta , Claudia Battistin , Clélia de Mulatier , Iacopo Mastromatteo , Matteo Marsili

Development of several alternative mathematical models for the biological system in question and discrimination between such models using experimental data is the best way to robust conclusions. Models which challenge existing theories are…

Quantitative Methods · Quantitative Biology 2016-02-01 Vitaly V. Ganusov

To ensure trust in AI models, it is becoming increasingly apparent that evaluation of models must be extended beyond traditional performance metrics, like accuracy, to other dimensions, such as fairness, explainability, adversarial…

Machine Learning · Computer Science 2021-10-01 Moninder Singh , Gevorg Ghalachyan , Kush R. Varshney , Reginald E. Bryant

Curse of Dimensionality is an unavoidable challenge in statistical probability models, yet diffusion models seem to overcome this limitation, achieving impressive results in high-dimensional data generation. Diffusion models assume that…

Machine Learning · Statistics 2025-10-01 Zhenxin Zheng , Zhenjie Zheng
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