• 1. Introduction
  • 2. Modelling the Real World
  • 2.1 Elements of Models
  • 2.2 Inference in Modelling
  • 3. Critical Realism as the Methodology for the Empirical Calibration of SimulationModels
  • 3.1 Empirics in Simulation Models
  • 3.2 Positivism and Critical Realism as Methodologies in Economic Modelling
  • 3.3 Critical Realism in Simulation Models
  • 4. Inference in Empirically Calibrating Simulation Models
  • 4.1 Induction and Deduction of the Set of Assumptions
  • 4.2 Deduction and Induction of Implications
  • 4.3 Abduction of a Set of Models
  • 5. Conclusions