Uncertainty quantification of world population growth: A self-similar PDF model
Abstract
AbstractThe uncertainty of world population growth represents a serious global problem. Existing methods for quantifying this uncertainty face a variety of questions. An essential problem of these methods is the lack of direct evidence for their validity, for example by means of comparisons with independent observations like measurements. A way to support the validity of such forecast methods is to validate these models with reference models, which play the role of independent observations. Desired properties of such a reference model are formulated here. A new reference world population model is formulated by a probabilistic extension of recent deterministic UN projections. This model is validated in terms of theory and observations: it is shown that the model has all desired properties of a reference model, and its predictions are very well supported by the known world population development from 1980 till 2010. Applications of this model as a reference model demonstrate the advantages of the stochastic world population model presented here.
Publisher
Walter de Gruyter GmbH
Subject
Applied Mathematics,Statistics and Probability