Model: Difference between revisions
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imported>Doug Williamson (Add link to Agent based modelling page.) |
imported>Doug Williamson (Link with Game page.) |
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* [[Financial model]] | * [[Financial model]] | ||
* [[Four-corner model]] | * [[Four-corner model]] | ||
* [[Game]] | |||
* [[IRB]] | * [[IRB]] | ||
* [[Model risk]] | * [[Model risk]] | ||
Revision as of 12:50, 9 March 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.
