Model: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link to Agent based modelling page.) |
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== See also == | == See also == | ||
* [[Agent based modelling]] | |||
* [[Business model]] | * [[Business model]] | ||
* [[Decision tree]] | * [[Decision tree]] |
Revision as of 10:42, 11 February 2017
A representation of a real situation using a selected set of simplifying assumptions and relationships.
In finance, financial models are widely used as tools for valuation and to support financial decisions.
An important benefit of well-structured financial models is to facilitate sensitivity analysis.