Chaiporn Vithessonthi

Oct 25, 2024 | onlinelibrary.wiley.com | Chaiporn Vithessonthi |Markus Schwaninger |Evgenia Ushakova

1 INTRODUCTION The motivation for this paper is twofold. First, although the shortcomings of linear models and the virtues of non-linear models are often discussed, a precise comparison is still missing. We analyse two methodologies by which complex systems are modelled: regression analysis (RA) for the linear type and system dynamics (SD) for the non-linear type.2 The question is if non-linear models are indeed superior to or at least different from the linear ones.