Selecting mathematical models with greatest predictive power: Finding Occam's razor in an era of information overload
Wednesday, November 20, 2013 - 12:30
in Mathematics & Economics
How to predict actions and reactions of things invisible to human eye? Physicists now show that there may be a preferred strategy for selecting mathematical models with the greatest predictive power. Picking the best model is about sticking to the simplest line of reasoning, experts say.