The more sophisticated the fund manager appears to be, and the more complex his model, the harder it is for the client to tell whether the strategy will produce skewed returns.
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Compared with both the complex logistical model and the defensive status quo, this heuristic helped the doctors to send more patients to the coronary-care unit who belonged there and fewer who did not.
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The company therefore developed a complex model that took all the frequently changing dynamics of the cargo industry into account, as well as opportunities for different negotiation strategies based on supply and demand.
The hospital introduced a complex logistical model to sift patients more efficiently, but the doctors hated it and went back to defensive decision-making.
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As an entrepreneur gets closer to the fulfillment of their dreams, they quickly discover that everything has become complex, from the business model to the message of the product or service itself.
Nowhere does it discuss how you get from artificial general intelligence to the ability to model complex systems.
Too much knowledge is local, there is too much knowledge to attempt to capture it, it is simply not possible to model something as complex as the financial markets using anything other than the financial markets themselves as the model.
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The Vaccine Court, although imperfect, is a much better model for handling complex medical claims than the roulette of a jury trial.
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Sujit Kapadia of the Bank of England is trying to model the web of interdependencies created by the use of complex derivatives.
It was another 10 years before manufacturers attempted to market machines for the home - Sony had a model called the CV2000 for sale in 1965 - but they were expensive and complex and they flopped.
This view of the human brain adds credence to the already intuitive sense we have that in most cases pictures are easier to deal with than words, that visually organized information can be highly complex and yet at the same time clearer than a model built on language.
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.
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Yes, the model needs revision most certainly, but this is a complex problem with many contributing factors.
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Almost by definition, the issues they deal with are complex and multi-faceted, impossible to completely model or holistically analyze.
There are other more complex rules and behaviors that fall in place but in essence this is the working model.
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But the decision paid off and allowed NTC to move beyond our first plateau to build the necessary infrastructure to support a complex, multi-state, and even international business model.
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The master model will likely be much more like a master data management system or a complex of federated queries that extract data that then may be used in a data mart for special purposes.
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The early Pacific Andes business model--seed others' fishing fleets and then use a complex network of sourcing and transshipping (acting as middleman between catch boats and markets)--left it seemingly in cahoots with what amounts to ocean poaching.
Yet, underneath their model minority exterior, many have complex questions about their identity and their place in the world.
Still, the model has its issues (other than the obvious fact that it may simply be too complex for all consumers to grasp without a great deal of explanation).
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While the agency model has given CMOs extensive experience in working with external partners, a much broader, more complex ecosystem is now required that demands much more than a basic client-vendor relationship.
My model that determines the probability of reaching a long-term target is multi-dimensional and quite complex.
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