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  2. Deterministic system - Wikipedia

    en.wikipedia.org/wiki/Deterministic_system

    In economics, the Ramsey–Cass–Koopmans model is deterministic. The stochastic equivalent is known as real business-cycle theory. As determinism relates to modeling in the natural sciences, a deterministic model [2] uses existing data to model the future behavior of a system. The deterministic model is useful for systems that do not ...

  3. Mathematical model - Wikipedia

    en.wikipedia.org/wiki/Mathematical_model

    A deterministic model is one in which every set of variable states is uniquely determined by parameters in the model and by sets of previous states of these variables; therefore, a deterministic model always performs the same way for a given set of initial conditions.

  4. Rank reversals in decision-making - Wikipedia

    en.wikipedia.org/wiki/Rank_reversals_in_decision...

    The weighted product model (WPM) does not exhibit the previous types of rank reversals, due to the multiplication formula it uses. [1] [11] However, the WPM does cause rank reversals when it is compared with the weighted sum model (WSM) and under the condition that all the criteria of a given decision problem can be measured in exactly the same ...

  5. Change management - Wikipedia

    en.wikipedia.org/wiki/Change_management

    This model of change, developed by Lewin, was a simplistic view of the process to change. This original model "developed in the 1920s and fully articulated in Lewin's (1936a) book Principles of Topological Psychology" [ 8 ] paved the way for other change models to be developed in the future.

  6. Random utility model - Wikipedia

    en.wikipedia.org/wiki/Random_utility_model

    One way to model this behavior is called stochastic rationality. It is assumed that each agent has an unobserved state, which can be considered a random variable. Given that state, the agent behaves rationally. In other words: each agent has, not a single preference-relation, but a distribution over preference-relations (or utility functions).

  7. Technological determinism - Wikipedia

    en.wikipedia.org/wiki/Technological_determinism

    While they believe technological change is influenced by changes in government policy, society and culture, they consider the notion of change to be a paradox, since change is constant. Media and cultural studies theorist Brian Winston , in response to technological determinism, developed a model for the emergence of new technologies which is ...

  8. Technological momentum - Wikipedia

    en.wikipedia.org/wiki/Technological_momentum

    Hughes's thesis is a synthesis of two separate models for how technology and society interact. One, technological determinism, claims that society itself is modified by the introduction of a new technology in an irreversible and irreparable way—for example, the introduction of the automobile has influenced the manner in which American cities are designed, a change that can clearly be seen ...

  9. Reciprocal determinism - Wikipedia

    en.wikipedia.org/wiki/Reciprocal_determinism

    Another relevant research is regarding the reciprocal determinism of self-efficacy and mathematical performance. It shows that reciprocal determinism may not be the appropriate model in all cultures but does take place in most. Self-efficacy is a conceptualized assessment of the person's competence to perform a specific task.