The book begins with cellular automata and their role in improving the strategic alignment of business and IT. It also presents research and practical insights for database designers and developers looking to utilise AI, insights into the societal dynamics shaping the adoption of microchip...

This paper studies how Knightian uncertainty about the distribution of future trade policies affects current trade flows using a dynamic trade model with a sunk cost of exporting. Qualitatively, trade-policy ambiguity reduces export participation in a similar manner to standard trade-policy...

We develop a novel analytical method for studying optimal paths in dynamic optimization problems under general monotonicity conditions. The method centers on a locator function--a simple object constructed directly from the model's primitives--whose roots identify interior steady states and...

Topics of Linear Algebra -- Introduction to Functions of Several Real Variables -- Introduction to Convex Analysis -- Static Optimization -- Linear Programming -- Continuous Dynamical Systems -- Discrete Dynamical Systems -- Introduction to Dynamic Optimization.

"The book begins with cellular automata and their role in improving the strategic alignment of business and IT. It also presents research and practical insights for database designers and developers looking to utilise AI, insights into the societal dynamics shaping the adoption of microchip...

"In this book business dynamics refers to a combination of business management and financial objectives embedded in a dynamical system model. The model is subject to a control that optimizes a performance index that takes both management and finance into account. The central idea in this book is...

This paper studies a continuous time dynamic system with a random persistence parameter. The exact discrete time representation is obtained and related to several discrete time random coefficient models currently in the literature. The model distinguishes various forms of unstable and explosive...