Simplicity, Inference and Modelling: Keeping it Sophisticatedly Simple

Type
Book
Authors
Zellner ( Arnold Zellner )
Keuzenkamp ( Hugo A. Keuzenkamp )
McAleer ( Michael McAleer )
 
ISBN 10
0521803616 
ISBN 13
9780521803618 
Category
Unknown  [ Browse Items ]
Edition
 
Publication Year
2002 
Pages
314 
Tags
 
Abstract
 
Description
The idea that simplicity matters in science is as old as science itself, with the much cited example of Ockham's Razor. A problem with Ockham's Razor is that nearly everybody seems to accept it, but few are able to define its exact meaning and to make it operational in a non-arbitrary way. Using a multidisciplinary perspective including philosophers, mathematicians, econometricians and economists, this monograph examines simplicity by asking six questions: What is meant by simplicity? How is simplicity measured? Is there an optimum trade-off between simplicity and goodness-of-fit? What is the relation between simplicity and empirical modelling? What is the relation between simplicity and prediction? What is the connection between simplicity and convenience? - from Amzon 
Biblio Notes
 
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