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Rational economics in comparison to the case of behavioral economics [PDF]
Ekonomski SignaliThis paper aims to represent the special characteristics of rational economics in comparison to the case of behavioral economics. Therefore, this analysis represents these issues and shows the main differences between the two concepts.
Challoumis Constantinos +2 more
doaj +1 more source
World Review of Political Economy, 2010 Evolutionary economics has been a gradually forming trend in economics since the 1970s and 1980s. Although it gives an opinion on the equilibrium paradigm of neo-classical economics and the excessive mathematical formalism, it is ...
Bin Yu
doaj +1 more source
AI &Innovation, EarlyView.ABSTRACT Nonlinear control systems are an integral part of complex engineering systems. The main difference from linear systems is their ability to adapt to changes and unpredictable conditions. These systems exhibit behaviors that cannot be predicted by simple linear equations, making them essential for applications requiring precise control over a ...
Cinthia Peraza +3 more
wiley +1 more source
PPO‐Based Reinforcement Learning for the Semi‐Active Vibration Control of MDOF Platform
AI &Innovation, EarlyView.ABSTRACT Aiming at the coupled vibration problem of a multi‐degree‐of‐freedom (MDOF) vibration isolation platform under eccentric excitation, this paper proposes a semi‐active vibration control strategy based on Proximal Policy Optimization (PPO) ‐based reinforcement learning (PPO RL).
Wei Huang, Jian Xu
wiley +1 more source
Behavioural Economics: Classical and Modern [PDF]
In this paper, the origins and development of behavioural economics, beginning with the pioneering works of Herbert Simon (1953) and Ward Edwards (1954), is traced, described and (critically) discussed, in some detail. Two kinds of behavioural economics –
K. Vela Velupillai +1 more
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Artificial Intelligence Challenges for Knowledge Innovation Cycles
AI &Innovation, EarlyView.ABSTRACT This article focuses on knowledge innovation and its contemporary reshaping, with particular attention to the growing role of AI in this process. This article first examines the general structure and phases of knowledge innovation cycles, aiming to identify AI's role within them.
Aharon Kellerman
wiley +1 more source
AI &Innovation, EarlyView.ABSTRACT The detection and classification of diseases have become a field of interest for artificial intelligence in recent years, where the development of methods and models that allow support for specialists in different health fields has allowed early detection of diseases and the provision of timely treatment to patients.
Rodrigo Cordero‐Martínez +2 more
wiley +1 more source
Mathematical Economics: A Reader [PDF]
This paper is modeled as a hypothetical first lecture in a graduate Microeconomics or Mathematical Economics Course. We start with a detailed scrutiny of the notion of a utility function to motivate and describe the common patterns across Mathematical ...
Aaron Nicholas +2 more
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American Journal of Agricultural Economics, EarlyView.Abstract Crop insurance is undoubtedly an extremely valuable element in protecting agricultural businesses, but in many cases standard indemnity‐based products have had very low uptake due to high transaction costs elevating premiums to unaffordable levels.
Amogh Prakasha Kumar +2 more
wiley +1 more source
Sraffa's Mathematical Economics - A Constructive Interpretation [PDF]
The claim in this paper is that Sraffa employed a rigorous logic of mathematical reasoning in his book, Production of Commodities by Means of Commodities (PCC), in such a way that the existence proofs were constructive.
K. Vela Velupillai
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