Mathematical Model

Topics: Mathematics, Mathematical model, Optimization Pages: 8 (2606 words) Published: May 17, 2011
Mathematical model
A mathematical model is a description of a system using mathematical language. The process of developing a mathematical model is termed mathematical modelling (also writtenmodeling). Mathematical models are used not only in the natural sciences (such as physics, biology, earth science, meteorology) and engineering disciplines (e.g. computer science,artificial intelligence), but also in the social sciences (such as economics, psychology, sociology and political science); physicists, engineers, statisticians, operations research analystsand economists use mathematical models most extensively. Mathematical models can take many forms, including but not limited to dynamical systems, statistical models, differential equations, or game theoretic models. These and other types of models can overlap, with a given model involving a variety of abstract structures. Examples of mathematical models

Population Growth. A simple (though approximate) model of population growth is the Malthusian growth model. A slightly more realistic and largely used population growth model is the logistic function, and its extensions. Model of a particle in a potential-field. In this model we consider a particle as being a point of mass which describes a trajectory in space which is modeled by a function giving its coordinates in space as a function of time. The potential field is given by a function V : R3 → R and the trajectory is a solution of the differential equation

Note this model assumes the particle is a point mass, which is certainly known to be false in many cases in which we use this model; for example, as a model of planetary motion. Model of rational behavior for a consumer. In this model we assume a consumer faces a choice of n commodities labeled 1,2,...,n each with a market price p1, p2,..., pn. The consumer is assumed to have a cardinal utility function U (cardinal in the sense that it assigns numerical values to utilities), depending on the amounts of commodities x1, x2,..., xnconsumed. The model further assumes that the consumer has a budget M which is used to purchase a vector x1, x2,..., xn in such a way as to maximize U(x1, x2,..., xn). The problem of rational behavior in this model then becomes an optimization problem, that is:

subject to:

This model has been used in general equilibrium theory, particularly to show existence and Pareto efficiency of economic equilibria. However, the fact that this particular formulation assigns numerical values to levels of satisfaction is the source of criticism (and even ridicule). However, it is not an essential ingredient of the theory and again this is an idealization. Neighbour-sensing model explains the mushroom formation from the initially chaotic fungal network. Modelling requires selecting and identifying relevant aspects of a situation in the real world. Background

Often when engineers analyze a system to be controlled or optimized, they use a mathematical model. In analysis, engineers can build a descriptive model of the system as a hypothesis of how the system could work, or try to estimate how an unforeseeable event could affect the system. Similarly, in control of a system, engineers can try out different control approaches in simulations. A mathematical model usually describes a system by a set of variables and a set of equations that establish relationships between the variables. The values of the variables can be practically anything; real or integer numbers, boolean values or strings, for example. The variables represent some properties of the system, for example, measured system outputs often in the form of signals, timing data, counters, and event occurrence (yes/no). The actual model is the set of functions that describe the relations between the different variables. Building blocks

There are six basic groups of variables[citation needed]: decision variables, input variables, state variables, exogenous variables, random variables, and...
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