Tranched instruments have no clear market price, so they have to be valued with complex models.
In other cases, there are complex models for how people get paid.
While the microcapsule coatings will be the first self-healing product to make it to market, scientists are also working on developing more complex models.
Booth did not use complex statistical models to decide whether streets should be classified as poor or wealthy, and neither does The Economist.
ECONOMIST: How Charles Booth��s map of Chelsea has been updated
In Japan, Goldman has taken a 43% share of Tokyo's electronic stock-options market by attaching Hull's complex pricing models to its own know-how.
Backed by complex mathematical models, they believed the path to economic growth and efficiency lay in letting the free market rip, with minimal interference from the state.
The Object Modeling System (OMS), recently launched by the USDA, allows people anywhere in the world to develop software applications for running complex computer models in the cloud.
The one economist awarded the Nobel Prize for advancing the Keynesian agenda (Lawrence Klein) ended up revealing the limited value of complex Keynesian models as predictors of the economic future.
FORBES: 'Sequester Costs 750,000 Jobs' From Those Folks Who Gave Us the Four-Million-Job Stimulus
They charge that NASA is relying too heavily upon complex climate models that have proven to be scientifically inadequate for climate predictions as little as one or two decades in advance.
FORBES: Hellfire and Heresy: Global Warming Hotheads Inflamed About Skeptical Challengers
Then again, even with reams of data (manufacturing orders, consumer spending, unemployment rates, stock prices) and complex computer models at their disposal, richly paid soothsayers prove notoriously bad at predicting the future.
And, as Whitehead points out, it would have been simple enough to do, since Olympic ticketing does not get into complex dynamic pricing models that many pro sport teams do these days.
FORBES: The Real Reason Behind The London Olympics Ticket Fiasco
To achieve this, the company needed to run complex data mining models on a large volume of data, which took at least three weeks of processing time, even with a subset of the 2.8-petabyte data set.
Be warned: When choosing among dozens of models and complex features, your guides might be commissioned salespeople who have an incentive to load you up with expensive options you might not need.
It enables them to address new business models and complex challenges, which increasingly require greater access to data coming from sources both structured (for example, revenue and attendance data) and unstructured (such as data collected on fan experience from social media that cannot be easily queried with traditional tools and technologies).
But for this CTO, it turned out that far too often, the models became fiendishly complex, no simpler than code.
And for this complex supply chain, transparent business models and processes need to be established to enable collaboration.
FORBES: Health, Technology and the Forgotten Stepchild of Innovation
Avoid models fitted with overly complex menu-driven touchscreen displays and too-crowded dashboard controls to help minimize dangerous distractions.
Regular requests for information about company finances would be made by the regulator, and Mr Lamb stressed that it would also challenge business models that were very complex or looked unsustainable.
As laws governing nonprofits, advocacy and philanthropy, communications, fundraising, and business models grow ever more complex, Tides has ramped up the sophistication of its diverse products and services, to serve the diverse needs of our client ecosystem.
But melting and freezing patterns are far too complex and regional to be predicted by models.
FORBES: Climate Change As Religion: The Gospel According To Gore
As someone who models the behavior of proteins and drugs in the pharmaceutical industry I am well aware of the limitations of models in predicting the behavior of complex systems.
With more computing moving to these software as a service models, companies no longer need to manage complex desktop PC environments.
"While the general mechanisms that create induced seismic events are well understood, we are currently unable to accurately predict the magnitude or occurrence of such events due to the lack of comprehensive data on complex natural rock systems and the lack of validated predictive models, " it states.
Dr Boyd hopes to move a bit in that direction by making the models of both individual behaviour and group structure more complex.
Meanwhile, the data are complex, and the picture of the future depends on climate models which are not perfectly reliable predictors of the future.
As the models of reality embedded in our applications get more complex and detailed, machine learning is needed to sort out the high resolution view and the thousands of opportunities that can be recognized to take action.
FORBES: The Man-Machine Framework: How to Build Machine-Learning Applications the Right Way
From the west, floodwaters would flow through an industrial complex that includes refineries and chemical plants, said van Heerden, who has studied computer models about the impact of a strong hurricane for four years.
The process of 3-D printing uses computer-created digital models to create real-world objects -- everything from simple toys or jewelry to more complex objects with moving parts.
Macroeconomists should take models for what they are: simplified views of the world that help us think about a complex issue, but are not true representations of the complexity itself.
Recently, we have seen top officials from the Bank of the England and the FDIC cry for simpler models due to the complexity of the existing ones essentially they want a less mathematically complex model with simple rules.
FORBES: Basel Barriers: How capital requirements would impede progress in the sovereign debt crisis
应用推荐