Prediction – Integration and Implementation Insights

Why model?

August 11, 2023August 20, 2019

By Steven Lade

What do you think about mathematical modelling of ‘wicked’ or complex problems? Formal modelling, such as mathematical modelling or computational modelling, is sometimes seen as reductionist, prescriptive and misleading. Whether it actually is depends on why and how modelling is used.

Here I explore four main reasons for modelling, drawing on the work of Brugnach et al. (2008):

Prediction
Understanding
Exploration
Communication.

I start with mental models – the informal representations of the world that we all use as we go about both our personal and professional lives – and then move on to formal models.

Making predictions under uncertainty

August 24, 2022August 25, 2016

By Joseph Guillaume

Prediction under uncertainty is typically seen as a daunting task. It conjures up images of clouded crystal balls and mysterious oracles in shadowy temples. In a modelling context, it might raise concerns about conclusions built on doubtful assumptions about the future, or about the difficulty in making sense of the many sources of uncertainty affecting highly complex models.

However, prediction under uncertainty can be made tractable depending on the type of prediction. Here I describe ways of making predictions under uncertainty for testing which conclusion is correct. Suppose, for example, that you want to predict whether objectives will be met. There are two possible conclusions – Yes and No, so prediction in this case involves testing which of these competing conclusions is plausible.