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reader5000
on Jan 21, 2014
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Economics Simulation
No, for example if we were discussing a model of weather, that would not directly be a contribution to economics.
WalterBright
on Jan 22, 2014
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Weather has a rather strong influence on economics, for example as a predictor of future crop prices. The better the weather model, the more accurately prices can be forecast.
Hedge funds very definitely watch the weather projections.
eru
on Jan 22, 2014
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Yes, so that would be at best an _indirect_ contribution to economics.
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