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General characteristics of computer models

A computer model is a model in which the implications of the assumptions — that is, the conclusions — are derived by allowing an electronic digital computer to simulate the processes embodied in the assumptions. Computer programs can thus be considered to be a fourth language in which the assumptions of a theory can

06
Jun
Methodological problems of computer models

As with any new research technique, there are methodological difficulties connected with the efficient utilization of computer simulation. There are three basic classes of problems that arise in using computer models — the specification of functional forms, the estimation of parameters, and the validation of the models. The problem of specifying functional forms is

06
Jun
Future of computer models

We have examined the nature of computer models, the associated methodological problems, and some of the current literature utilizing computer models. It is now appropriate to evaluate the role of computer models in social science research. We clearly maintain that computer models are an important new tool for the social sciences. Computer models should

06
Jun
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  • Management Theories
    • Industrial Organization
      • Competitive Advantage Theory
      • Contingency Theory
      • Institutional Theory
      • Evolutionary Theory of the Firm
      • Theory of Organizational Ecology
      • Behavioral Theory of the Firm
      • Resource Dependence Theory
      • Invisible Hand Theory
    • Managerial Approaches
      • Agency Theory
      • Decision Theory
      • Theory of Organizational Structure
      • Theory of Organizational Power
      • Property Rights Theory
      • The Visible Hand
    • Hypercompetitive Approaches
      • Resource-Based Theory
      • Organizational Learning Theory
      • Transaction Cost Economics
      • Hypercompetition
      • Systems Theory
  • Economic Theories
  • Social Theories
  • Political Theories
  • Philosophies
  • Theology
  • Art Movements
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