Escape from Model Land

How Mathematical Models Can Lead Us Astray and What We Can Do About It

By: Erica Thompson

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Paperback | 23 January 2023 | Edition Number 1

At a Glance

Paperback
256 Pages

Dimensions(cm)
19 x 13 x 2

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$35.75

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'A brilliant account of how models are so often abused and of how they should be used' John Kay
How do mathematical models shape our world - and how can we harness their power for good?

Models are at the centre of everything we do. Whether we use them or are simply affected by them, they act as metaphors that help us better understand the increasingly complex problems facing us in the modern world. Without models, we couldn't begin to tackle three of the major challenges facing modern society: regulation of the economy, climate change and the COVID-19 pandemic. Yet in recent years, the validity of the models we use has been hotly debated and there has been renewed awareness of the disastrous consequences when the makers and interpreters of models get things wrong.

Drawing on contemporary examples from finance, climate and health policy, Erica Thompson explores what models are, why we need them, how they work and what happens when they go wrong. This is not a book that argues we should do away with models, but rather, that we need to properly understand how they are constructed - and how some of the assumptions that underlie the models we use can have significant unintended consequences. Unexpectedly humorous, thought-provoking and passionate, this is essential reading for everyone.

Industry Reviews

A brilliant account of how models are so often abused and of how they should be used

A wise, lucid and compelling guide to how mathematical modelling shapes our world. Dr Thompson teaches us how to go from being unthinking consumers of models to sophisticated users, combining a rich variety of vivid examples and case studies with deep conceptual expertise

Demystifies the process of making the mathematical models that are increasingly used to make decisions about our lives . . . A thought-provoking and helpful guide for data scientists and decision makers alike

Carefully researched and beautifully written . . . For an open-minded reader keen to expose, understand and potentially reconstruct their own worldview, Escape from Model Land is, at the same time, an uncomfortable and uplifting read. It shines a gentle light on many of our own norms and beliefs

An eye-opening account . . . Thompson offers a host of lessons . . . The result is a thoughtful, convincing look at how data works

Brilliant . . . a highly engaging work of popular science

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