lagmodel
The lag model is a conceptual framework used to understand and represent systems where outputs or responses are delayed relative to their inputs or causes. This delay, often referred to as lag, is a fundamental characteristic of many real-world processes across various disciplines, including engineering, economics, psychology, and biology. A lag model attempts to quantify this delay and its effect on system behavior.
In its simplest form, a lag model might represent a delay as a fixed time shift. For
The presence of lag can significantly alter the dynamics of a system, leading to phenomena such as