Download e-book for kindle: Adaptive Economic Models. Proceedings of a Symposium by Richard H. Day, Theodore Groves

By Richard H. Day, Theodore Groves

ISBN-10: 0122073509

ISBN-13: 9780122073502

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Read or Download Adaptive Economic Models. Proceedings of a Symposium Conducted by the Mathematics Research Center, the University of Wisconsin–Madison, October 21–23, 1974 PDF

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Extra info for Adaptive Economic Models. Proceedings of a Symposium Conducted by the Mathematics Research Center, the University of Wisconsin–Madison, October 21–23, 1974

Sample text

4. e. their present activity is independent of their past, and their behavior is still hardware-dependent. 3. Class III: Feedback Homeostats with Memory In this class, we consider feedback homeostats which can make a "memory trace" of previous experience, and employ such memory traces to modify or modulate their present behavior. In their simplest form, homeostats in this class can be regarded as able to modify their set-points and/or time constants, as a function of their own past behavior and that of the controlled system.

Bacharach (eds. ), Activity Analysis in the Theory of Growth and Planninq, London: Macmillan, St. Martin's Press. March, J. G. and H. A. Simon [1968], Organizations, New York: John Wiley and Sons. Marschak, J. [1963], "On Adaptive Programming, " Management Science, 9:517-526. [1968], "Economics of Inquiring, Communicating, Deciding, " American Economic Review, 58:1-18. [1972], "Optimal Systems for Information and Decision, " in Techniques of Optimization, New York: Academic Press, Inc. Mesaronic, M.

G. [1964], "Economic Natural Selection and the Theory of the Firm," Yale Economic Essays, 4:225-272. [1971], "Satisficing, Selection, and the Innovating Remnant, " Quarterly Journal of Economics, 85:237-261. Wynne-Edwards, V. C. , Inc. 38 Biological Systems as Paradigms for Adaptation Robert Rosen CONTENTS Introduction ........................................................................................ 39 1. 2. Some Generalities on "Adaptation" ...............................................

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Adaptive Economic Models. Proceedings of a Symposium Conducted by the Mathematics Research Center, the University of Wisconsin–Madison, October 21–23, 1974 by Richard H. Day, Theodore Groves


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