Simple models really do work better (at least for now)

29 March 2020 I made the point a few days ago that extremely simple exponential curve-fitting has done astonishingly well in predicting the progression COVID-19. Adam Adamou, Director of the London Mathematical Laboratory, makes precisely the same point with rather more detail and sophistication: A few key points: Simple exponential models work well in theContinue reading “Simple models really do work better (at least for now)”

In praise of simple models

26 March 2020 How well have naïve, simplistic models of the epidemic done? I’ve mentioned before that I am a great fan of Philip Tetlock’s Superforecasting. One thing he argues is that many so-called expert forecasts are mealy-mouthed, in the sense that they are so vague as to give plenty of wiggle room. “The marketContinue reading “In praise of simple models”