What are we talking about?
- Relationships -
S = f(E)
E|s = g(S)
• In a similar vein, suppose we structurally decompose the domain of interest down to such elements of interest such as ‘Cost of M&S’, ‘Price of M&S’ and ‘Value of M&S’.
• We can see that these areas of obvious interest may be considered as either simulation attributes which are functionally dependent of economic considerations (e.g. S+f(E))), or economic market attributes functionally dependent on (perception and) simulation attributes (e.g. E|sg(s)).
• In both cases, we are concerned essentially about understanding simulation.
• In neither case, however, are we concerned essentially about understanding economics (as in: ‘using simulation to generate economic predictions’).