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A model is often a tool to ask the right questions, intended to be tweaked until it does what you want (or you give up thinking you can get what you want if the
by parasubvert 13y ago
A model is often a tool to ask the right questions, intended to be tweaked until it does what you want (or you give up thinking you can get what you want if the data won't allow it).
That's actually how one performs experiments and develops theories in the social (and managerial) sciences, such as economics: given data, and a hypothesis, and try to develop a model that fits both and offers demonstrable predictive power for future circumstances and datasets.
Of course, one's math might be wrong, and the model may still be falsified by future data. But that's what makes social science interesting.