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£43.99

Academic Press Adaptive Processes in Economic Systems

Name: Adaptive Processes in Economic Systems
Brand: Academic Press
Price: 43.99 GBP
Availability: InStock

Engineering & Technology

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Description

Mathematics 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. This volume is suitable for engineers, economists, and specialists of disciplines related to economic systems.

Product Specifications

Brand: Academic Press
Format: paperback
ASIN: 1483253422
Category: Books > Subjects > Science, Nature & Maths > Engineering & Technology
Domain: Amazon UK
Release Date: 16 February 2016
Listed Since: 16 February 2016

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Academic Press Adaptive Processes in Economic Systems

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