Discover how economists' assumptions shape economic models, affecting predictions about consumer behavior, resource ...

Assumptions should be built into all projects, though be careful--inaccurate assumptions can lead to wasted time and money and even project failures. When building the business case for a project, ...

We all make assumptions in life. In fact, there are some who say that most of life is comprised of assumptions. By assuming that doing “X” will result in “Y,” we look to explain and to predict events ...

an estimate of an undetermined variable fed into a financial model to calculate benefits and premiums using complex mathematical and statistical techniques. Actuarial assumptions involve statistical ...