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A comment on Computing the Perfect Model: Why Do Economists Shun Simulation? [pdf]. Parent comment

Re:Computing the Perfect Model: Why Do Economists Shun Simul... by msellout on Tuesday January 21, 2014 @08:23PM (#7100005)
There's a distinction between numerical approximation and simulation. The former is a technique to solve an analytical model of the world. The latter would have an analytical model of the simulation outcomes rather than of the world directly.
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