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Just do it: reductionism, modelling and black-box forecasting

Smith, Leonard A. and McSharry, Patrick E. (1998) Just do it: reductionism, modelling and black-box forecasting. In: International Workshop on Advanced Black-Box Techniques for Nonlinear Modeling: Theory and Applications, 1998-07-08 - 1998-07-10, Katholieke Universiteit Leuven, Belgium.

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Abstract

The reductionist approach has proven a powerful guide for scientific advancement over the last 300 years; constructing the simplest modes consistent with the data remains a goal across the sciences. Yet are there instances where the blind pursuit of “simple” models is doomed from the start? Can we construct tests of internal consistency relating to the minimal duration of data from a given model? In short, if the aim is to model a phenomena, should we just do it or first ponder the possible outcomes? This question is addressed in the context of the datacomp.dat data set.

Item Type: Conference or Workshop Item (Paper)
Official URL: http://www.esat.kuleuven.be/sista/workshop/
Additional Information: ©1998 LA Smith
Divisions: Statistics
Centre for Analysis of Time Series
Subjects: H Social Sciences > H Social Sciences (General)
Date Deposited: 24 Feb 2011 15:24
Last Modified: 15 Sep 2023 08:18
URI: http://eprints.lse.ac.uk/id/eprint/32782

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