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Improving Information for Social Policy Decisions -- The Uses of Microsimulation Modeling Volume II, Technical Papers (1991) / Chapter Skim
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Pages 144-144

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From page 144...
... In addition, the extent to which existing and previous models have either benefited or been limited by current and past investment policies in each of these areas is likely to lead to a better choice of investment policies in the future. Single Period Versus Future Projections While microanalytic simulation models implicitly have an element of future prediction in them, this aspect is not necessary to the concept of such modeling.
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Key Terms

  • microanalytic simulation
  • population size
  • simulation models
  • simulation exercises
  • computing environment

  • simulation model
  • secondary memory


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