000 01378cam a22002291 4500
008 711102t1965 nyua erb 001 0 eng
040 _aDLC
_cODaWU
050 0 0 _aHB74.M3
_bM8 1965
082 _a330.01519
_bMUR
100 1 _aMurphy, Roy E.
245 1 0 _aAdaptive processes in economic systems /
260 _aNew York :
_bAcademic Press,
_cc1965.
300 _axvi, 209 p. :ill,
440 0 _aMathematics in science and engineering ;
504 _aIncludes bibliographical references
520 _aMathematics 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.
590 _arpm 13/09/2017
591 _aLoans
650 0 _aEconomics
942 _2ddc
_cBOOK
949 _a330.01519 MUR
999 _c6518
_d6518