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System for economic simulation [PDF]
Proceedings of the 7th conference on Winter simulation - WSC '74, 1974 The characteristics desirable in a system designed for the development and operation of simultaneous equation economic models are outlined. Classes of users are identified; and their needs are considered. Specifically, the point is made that a system for economic simulation must include a data management capability and facilities for the analysis of ...
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Economic Recommendation Systems
CoRR, 2015 In the on-line Explore and Exploit literature, central to Machine Learning, a central planner is faced with a set of alternatives, each yielding some unknown reward. The planner's goal is to learn the optimal alternative as soon as possible, via experimentation. A typical assumption in this model is that the planner has full control over the experiment
Gal Bahar +2 more
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Dynamics of Wealth Inequality [PDF]
, 2019 We study an agent-based model of evolution of wealth distribution in a macro-economic system. The evolution is driven by multiplicative stochastic fluctuations governed by the law of proportionate growth and interactions between agents.
Burda, Zdzislaw +2 more
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Финансы: теория и практика, 2023 The purpose of the study is to identify ways of short- and medium-term development of mineral production and metallurgy in the Russian Federation in the context of the policy of sanctions based on economic and mathematical modeling.
E. A. Fedorova +3 more
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African Humanities and the Paradox of Western Education in Ghana [PDF]
E-Journal of Humanities, Arts and Social Sciences, 2021 The pre-colonial era of Africa was characterized, among other things, by a traditional or informal system of education. Some of the emphases of traditional education were (and still are) Africans’ delight, expression and appropriation of their beliefs,
Philip Kwadwo Okyere
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Model of the Russian Regions’ Economic Integration: Structure and Performance Criteria [PDF]
Экономика региона, 2019 Modern technologies shape new mechanisms for accumulation and redistribution of capital, increasing the importance of an individual as an economic agent in the processes of integration.
Tatyana Borisovna Melnikova
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Methods for regional clusters economic systems modelling comparison
Наукові записки НаУКМА: Економічні науки, 2016 Political and economic crises create a new unstable situation for regional development of the country. The region is the basic macroeconomic structure that influences the country’s prosperity.
Danylo Pyrogov
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SYSTEMIC MANAGEMENT IN A TRANSFORMING ECONOMУ
Стратегические решения и риск-менеджмент, 2014 The paper classifies kinds of management and shows that in terms of transforming economy systemic management, focused on the development of basic economic systems and their stable complexes, is the most relevant.
G. B. Kleiner
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UNCERTAINTY, CHANGEABILITY AND INCONSISTENCY IN TASKS OF ANALYZING RISKS OF ECONOMIC SYSTEM BEHAVIOR
Стратегические решения и риск-менеджмент, 2014 The theorem of ultimate uncertainty of a complex economic system states that the social-economical process of a complex economic system functioning develops efficiently if complexity and manageability characteristics are similar, and manageability ...
V. I. Avdiyskiy, V. М. Bezdenezhnyh
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Economic Systems and Economic Growth [PDF]
Atlantic Economic Journal, 2011 In a planned economy, state monopoly ensures that economies of scale are exploited. However, state monopoly could not commit to reward its workers. Anticipating this, individuals will exert less effort. In a market economy, competition among firms ensures that higher effort from workers will be rewarded.
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