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The term ‘model’ is much in the news, and I’m not talking about @RightAngles trade. It’s the term apparently favored by the media to describe a general area that may also go by: cybernetics, system dynamics, advanced statistics, simulation, control theory, and others. Having some academic and professional background in the domain, this is my (inevitably simplified) attempt to sketch its limits, so you can be smarter than the average journalist.
So, simplifying, as warned: There are two types of models. One is broadly statistical in approach. The other attempts to be more mechanistic.More