{"product_id":"simplicity-inference-and-modelling-keeping-it-sophisticatedly-simple-9780521803618","title":"Simplicity, Inference and Modelling: Keeping It Sophisticatedly Simple","description":"The idea that simplicity matters in science is as old as science itself, with the much cited example of Ockham's Razor. A problem with Ockham's Razor is that nearly everybody seems to accept it, but few are able to define its exact meaning and to make it operational in a non-arbitrary way. Using a multidisciplinary perspective including philosophers, mathematicians, econometricians and economists, this monograph examines simplicity by asking six questions: What is meant by simplicity? How is simplicity measured? Is there an optimum trade-off between simplicity and goodness-of-fit? What is the relation between simplicity and empirical modelling? What is the relation between simplicity and prediction? What is the connection between simplicity and convenience?\u003cbr\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":50325140177170,"sku":"9780521803618","price":134.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_1751f9c0-7a04-4b36-89a5-5155ae5e44db.jpg?v=1727681872","url":"https:\/\/surprise-castle.myshopify.com\/products\/simplicity-inference-and-modelling-keeping-it-sophisticatedly-simple-9780521803618","provider":"Surprise Castle","version":"1.0","type":"link"}