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Journal Article

Validation of Simulation Based Models: A Theoretical Outlook  pp39-46

Morvin Savio Martis

© Nov 2006 Volume 4 Issue 1, Editor: Arthur Money, pp1 - 66

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Abstract

Validation is the most incomprehensible part of developing a model. Nevetheless, no model can be accepted unless it has passed the tests of validation, since the procedure of validation is vital to ascertain the credibility of the model. Validation procedures are usually framework based and dynamic, but a methodical procedure can be followed by a modeller (researcher) in order to authenticate the model. The paper starts with a discussion on the views and burning issues by various researchers on model validation and the foundational terminology involved. The paper later highlights on the methodology and the process of validation adopted. Reasons for the failure of the model have also been explored. The paper finally focuses on the widely approved validation schemes (both quantitative and qualitative) and techniques in practice, since no one test can determine the credibility and validity of a simulation model. Moreover, as the model passes more tests (both quantitative and qualitative) the confidence in the model increases correspondingly.

 

Keywords: Validation, simulation, dynamic models, validation schemes, validation process, modelling

 

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Journal Issue

Volume 4 Issue 1 / Nov 2006  pp1‑66

Editor: Arthur Money

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Editorial

"This new edition of EJBRM once again offers readers a range of interesting ideas concerning various options available to the academic researcher working in the business and management field of study.

With regards to research methodology the business and management field of study has much to offer the researcher in a number of respects. The first reason for this is that this field of study is so broad and so many interesting topics fall within its ambit. This is of course and advantage as well as a major challenge for the academics who work in this field of study. Different topics have different research methodology potentials and so researchers have much to choose from.

There is also the question of the fact that there is a stream of new and interesting ideas being generate as to how to tackle both new as well as well established research topics.

For this issue papers of topics such as ""Can methodological applications develop critical thinking?"" (Blackman and Benson), ""Getting the most from NUD•IST/Nvivo"" (Dean and Sharp), ""Applying Multidimensional Item Response Theory Analysis to a Measure of Meta‑Perspective Performance"" (Kacmar et al), ""A few proposals for designing and controlling a doctoral research project in management sciences"" (Lauriol), ""Validation of Simulation based Models: a Theoretical Outlook"" (Martis), ""Motivators for Australian consumers to search and shop online"" (Michael), ""A case study on the selection and evaluation of software for an Internet organisation"" (van Staaden and Lubbe) have been accepted.

I trust that readers will find these papers as interesting as I have."

 

Keywords: Black Box testing, business process, CAQDAS, coding and reporting, commercial software system, consumer behaviour, critical thinking, dynamic models, evaluation, internet, interpreting data transcription, item response theory, modeling motivating factors, NUD*IST/NVivo, qualitative research reporting, request for proposal (RFP), research methodology, scale development simulation, software, validation process, validation schemes, validation, vendors

 

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