Decisions Quote by Myron Scholes

All models are wrong, and increasingly you can succeed without them.

— Peter Norvig

All models are wrong; some models are useful.

— W. Edwards Deming

Remember that all models are wrong; the practical question is how wrong do they have to be to not be useful.

— George E. P. Box

All models are wrong, but some are useful.

— George E. P. Box

Models are to be used, not believed.

— Henri Theil

If the models are as flawed as critics say you have to ask yourself, 'How come they work?'

— Gavin Schmidt

Models can easily become so complex that they are impenetrable, unexaminable, and virtually unalterable.

— Donella Meadows

A lot of things can't be modeled very well.

— Nate Silver

Alternative models are neither right nor wrong, just more or less useful in allowing us to operate in the world and discover more and…

— Andrew Weil

If you just rely on one model, you tend to amputate reality to make it fit your model.

— David Brooks

So everyone has that problem, models have that problem, too.

— Heidi Klum

Good design can't fix broken business models.

— Jeffrey Veen