Adaptive Processes in Economic Systems
eBook - PDF

Adaptive Processes in Economic Systems

  1. 224 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Adaptive Processes in Economic Systems

Book details
Table of contents
Citations

About This Book

Mathematics in Science and Engineering, Volume 20, Adaptive Processes in Economic Systems demonstrates the usefulness of communications theory, self-adaptive control theory, and thermodynamic theory to certain economic processes. This book discusses the common properties of adaptive processes, role of the decision maker, and mixed adaptive processes of the first and second kind. The economic environmental processes, concept of entropy time, and stochastic dynamic economic process are also elaborated. This text likewise covers the investment model with full liquidity, adaptive capital allocation process, and concept of an economic state space. Other topics include the stochastic equilibrium in the market and individual adaptive behavior. This volume is suitable for engineers, economists, and specialists of disciplines related to economic systems.

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Yes, you can access Adaptive Processes in Economic Systems by Roy E. Murphy, Richard Bellman in PDF and/or ePUB format, as well as other popular books in Matemáticas & Matemática aplicada. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Academic Press
Year
2016
ISBN
9781483264073
Topic
Matemáticas
Subtopic
Matemática aplicada

Table of contents

  1. Front Cover
  2. Adaptive Processes in Economic Systems
  3. Copyright Page
  4. Table of Contents
  5. Dedication
  6. PREFACE
  7. CHAPTER 1. INTRODUCTION
  8. CHAPTER 2. THE MATHEMATICAL MODEL
  9. CHAPTER 3. THE PRIMITIVE ADAPTIVE PROCESS
  10. CHAPTER 4. SUBJECTIVE PROBABILITY
  11. CHAPTER 5. THE ROLE OF ENTROPY IN ECONOMIC PROCESSES
  12. CHAPTER 6. ADAPTIVE ECONOMIC PROCESSES
  13. CHAPTER 7. AN ADAPTIVE INVESTMENT MODEL
  14. CHAPTER 8. ΜULTIACTIVITY CAPITAL ALLOCATION PROCESSES
  15. CHAPTER 9. ECONOMIC STATE SPACE
  16. CHAPTER 10. INTERACTIONS BETWEEN DECISION MAKERS IN STATE SPACE
  17. CHAPTER 11. THE CONCLUSIONS
  18. BIBLIOGRAPHY
  19. SUBJECT INDEX