For example, the very choice of model variables and model processes that are investigated are often based upon subjective judgment and experience of the modeling community.

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There was the eco-tastic choice of materials for the Model S, like the compressed banana leaf veneer for your door and dashboard.

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However, this body of work is best understood as a set of exceptions that modifies but leaves intact the canonical model of rational choice, not least since it is irrational to suppose that people in general behave irrationally.

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The Three Factor Model has replaced CAP-M as the asset-pricing model of choice.

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The ESA model rests on the bedrock belief of school choice proponents that parents should be free to choose the best learning environments for their kids.

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"Parents certainly will most dearly protect the interests of their children and her imposition of a one size fits all model will deny that parental choice, " said Mr O'Doherty.

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The new range includes a model with Streamium technology so you can wirelessly store, stream and enjoy an endless choice of music online or from your computer.

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You won't be basing your choice just on storage though, as the smaller capacity model is WiFi only, while the 64GB comes with Verizon LTE baked right in, and a choice of plans.

ENGADGET

To understand which applications might be the right choice, you have to understand the questions you want to answer to help your business but also the fundamental model of the world that is at the center of the applications you are considering.

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