Sentences with phrase «economic model predictions»

Economic model predictions are as inaccurate as climate model predictions.

Not exact matches

Projecting the future, or future - casting, is the work of combining social science, research, technical data, economic trends and, yes, even science fiction, to model a prediction of the future.

Expert Prediction from Eric Fox, vice president of statistical and economic modeling (VeroForecast)-- The top forecast markets shows price appreciation in the 10 % to 11 % range.

The research evidence on this question is hard to deny and right in line with the predictions of the economic models: prohibition of secret abortions cuts both teenage abortion rates and teenage pregnancy rates.

However, so far FiveThirtyEight has not done any predictions on the Brexit, so the choice has narrowed down to pure socio - economic models (without taking account of any polling data — so quite different from Silver) such as the one done by the political scientist Matt Qvortrup.

A new integrated climate model developed by Oak Ridge National Laboratory and other institutions is designed to reduce uncertainties in future climate predictions as it bridges Earth systems with energy and economic models and large - scale human impact data.

A new integrated computational climate model developed to reduce uncertainties in future climate predictions marks the first successful attempt to bridge Earth systems with energy and economic models and large - scale human impact data.

The site has a rapid earthquake - loss estimation model, so that within 30 minutes of an event, anywhere in the world, they can offer a prediction about fatalities and economic loss.

The U.S. Geological Survey (USGS) also has a prediction Web site; the models differ in how they determine an event's impact, the economic inputs used and the databases they draw from.

But as more economic data came along, the model changed this «significant correction» prediction into a «bear market» prediction, which is precisely what happened.

As the increasing levels of anthropogenic CO2 used for climate prediction are essentially predicated by the increase in economic activity world - wide and the effects thereof, has the IPCC's SRES model been adjusted in the light of the criticisms made by Castles and Henderson in 2002/3 and subsequently presented at the IPCC TGCIA meeting in Amsterdam, Jan 2003?

Predicting the cost impact of various potential warming scenarios requires us to concatenate these climate predictions with economic models that predict the cost impact of these predicted temperature changes on the economy in the 21st, 22nd, and 23rd centuries.

Based on Hansens» fudged 1981 CO2 hypotheses computer models were assembled and used by the IPCC for economic predictions.

They told the Commission that they could not make political decisions based on predictions and economic modeling (both generally used in climate science) and that the report should not be used to inform further modifications to the two Directives.

Didier Sornette's presentation at the AGU entitled «Dragon - Kings, black swans, and prediction» raises these issues, which need to be considered in the context of risk assessment and economic modeling.

Admittedly neither of these sciences are «hard» sciences and it is difficult to use ecological or economic models to make realistic predictions.

The ability to predict retrospectively this slowdown not only strengthens our confidence in the robustness of our climate models, but also enhances the socio - economic relevance of operational decadal climate predictions.

Specifically, key parameters of the Human System, such as fertility, health, migration, economic inequality, unemployment, GDP per capita, resource use per capita, and emissions per capita, must depend on the dynamic variables of the Human — Earth coupled system.26 Not including these feedbacks would be like trying to make El Niño predictions using dynamic atmospheric models but with sea surface temperatures as an external input based on future projections independently produced (e.g., by the UN) without feedbacks.

It will be the public's «gut feel» from such predictions or unfolding weather woes that drive mitigation efforts, not discounted economic models.

Both are trying to model non-linear phenomena and half of the IPCC model is economic prediction.