Abstract
The words “model” and “modeling” are found frequently in economics and in science in general. Therefore it is important that we consider here some of the most important characteristics of these words and concepts and introduce the reader to how they are used in energy studies and in economics. Some of what follows is a deliberate repeat of material in Chap. 12 because the points are important in both places.
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Hall, C.A.S., Klitgaard, K.A. (2012). The Role of Models for Good and Evil. In: Energy and the Wealth of Nations. Springer, New York, NY. https://doi.org/10.1007/978-1-4419-9398-4_16
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DOI: https://doi.org/10.1007/978-1-4419-9398-4_16
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