So these tools are based on some simplifying assumptions that are not going to be applicable for every investor.

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Odds calculations like these are necessarily rough, because in order to make them you have to make some simplifying assumptions.

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And by and large, thanks to its simplifying assumptions, it has succeeded.

ECONOMIST: The benevolence of self-interest | The

Even though theory today has moved on from Mr Dornbusch's first model, with its various simplifying assumptions, current theories are in many ways descended from it.

ECONOMIST: Rudiger Dornbusch

Scientists must make simplifying assumptions to analyze any complicated system.

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