If model X is more simple, it can be more readily falsified and thus waste less.
Not necessarily. There are plenty of cases where models of different complexity have the same predictive power (because they can be shown to be mathematically equivalent). For example, you can use the path integral formalism for QM (complicated), or you can use the Schrodinger equation instead (simpler).
Not necessarily. There are plenty of cases where models of different complexity have the same predictive power (because they can be shown to be mathematically equivalent). For example, you can use the path integral formalism for QM (complicated), or you can use the Schrodinger equation instead (simpler).
You are correct and I was mistaken—thank you! Up vote for you!