Brenner, Thomas; Werker, Claudia - Volkswirtschaftliche Fakultät, … - 2009
policy can err. In this paper we show how the use of simulation models can reduce policy errors. We suggest that policy is … best based on so-called abductive simulation models, which help to better understand how policy measures can influence … economic processes. We show that abductive simulation models use a combination of theoretical and empirical analysis based on …