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presentation - IIASA

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LIMITATIONS OF 1 st<br />

GENERATION MODEL<br />

MANAGEMENT<br />

• Decision-makers are, on average, “model averse”<br />

• Never really a market for the MMS<br />

– Cross-paradigm myopia in the OR/MS community<br />

– “The spreadsheet is the MMS”<br />

– Result: a fully functional MMS was never implemented<br />

• Data more important than models<br />

• No comprehensive, integrating theory (as in relational<br />

data world)<br />

• Internet shifted attention from static re<strong>presentation</strong>s to<br />

dynamic, distributed resources

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