A Note on Verification of Computer Simulation Models.

Aigner, Dennis J.

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Peer reviewed

ERIC Number: EJ062400

Record Type: Journal

Publication Date: 1972

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A Note on Verification of Computer Simulation Models

Aigner, Dennis J.

Management Science, 18, 11, 615-619, Jul 72

Establishes an argument that questions the validity of one test'' of goodness-of-fit (the extent to which a series of obtained measures agrees with a series of theoretical measures) for the simulated time path of a simple endogenous (internally developed) variable in a simultaneous, perhaps dynamic econometric model. (Author)

Descriptors: Computer Science, Decision Making, Goodness of Fit, Models, Multiple Regression Analysis, Research Methodology, Simulation

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