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Cybernetics of Economic Systems
IEEE Transactions on Systems, Man, and Cybernetics, 1971Techniques and concepts from cybernetics and engineering are used to combine partial models from economic literature into a more comprehensive macroeconomic model. The resulting linear model is capable of exhibiting short-period inventory cycles and long-period fixed capital investment cycles around a long-term constant growth rate trend.
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2011
This chapter explains why it is essential to conduct all economic analysis within a complex (adaptive) systems framework and to show why this makes a very significant difference. It is explained what the original purpose of constrained optimization analysis was when it was imported into economics over a century ago and why what was a sensible and ...
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This chapter explains why it is essential to conduct all economic analysis within a complex (adaptive) systems framework and to show why this makes a very significant difference. It is explained what the original purpose of constrained optimization analysis was when it was imported into economics over a century ago and why what was a sensible and ...
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Autonomous Control of the Economic System
Econometrica, 1973The possible impact of autonomous control (vs. the price mechanism and directive control) on the functioning of an economic system is studied. It sheds some light on similarities among economic systems that are quite different in their higher functioning.
Kornai, Janos, Martos, Bela
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Economic Relations and Economic Systems
2018Topicality. As is known, the economic theory is based on the fact that any economy is based on production and consumption of good and benefits that are necessary for people’s lives. At that, economy is based on people’s needs and economic interests, which make them act in one way or another. As a result, there appear relations of production (creation),
Svetlana N. Revina +3 more
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ARE ECONOMIC SYSTEMS CONTROLLABLE?
IFAC Proceedings Volumes, 1986Abstract I propose that national economies and economic systems are not controllable. I will argue that the illusion of controllability originates from confusion in the conceptual area. There is a confusion between the controllability of certain natural processes and the controllability of economic processes, and between control and government ...
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Challenges of China’s Economic System for Economic Theory [PDF]
, 2001 Abstract The challenges of the market economy in China for economic theory touch on four topics: private versus public ownership of assets, Western legal systems versus Eastern semiformal legal systems, individualism versus the collective good, and multiparty versus one-party political systems.
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Economic Systems and Economic History
The Journal of Economic History, 1965What is the relationship of economic history to the study of comparative economic systems? Perhaps the major contribution to thought on this subject has been made by Walter Eucken, whose ideas may be taken as the starting point for our discussion.
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The Economic Significance of Infrastructural IT Systems
Journal of Information Technology, 1993This paper develops a new framework for analysing how and why IT is being applied to the infrastructure of the‘information economy’. The interaction of micro and macro aspects of IT provides an economic rationale for the IT community to go beyond questions of firms’ operations and strategies and to look towards national and international economic ...
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Bases of theory of economic systems' power. Total power of the economic systems. Intangible power of the economic systems. Innovative power of the economic systems [PDF]
Ukrainian Journal Ekonomist, 2014 The basic principles, determinations of concepts of theory, denotations of parameters and their dimension are formulated, as well as the algorithm of calculation of indexes of total, intangible and innovative power of the economic systems of five levels.
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Brain and Other Central Nervous System Tumor Statistics, 2021
Ca-A Cancer Journal for Clinicians, 2021Rebecca L. Siegel +2 more
exaly