Showing 1 - 10 of 2,568
No abstract.
Persistent link: https://www.econbiz.de/10010685062
As a basis for information recovery in open dynamic microeconomic systems, we emphasize the connection between adaptive intelligent behavior, causal entropy maximization and self-organized equilibrium seeking behavior. This entropy-based causal adaptive behavior framework permits the use of...
Persistent link: https://www.econbiz.de/10011169738
This study, undertaken from the perspective of statistical dynamics, proposes the treatment of financial centres as an ecosystem, creates a multidimensional financial centre niche (FC-niche) under given generalised entropy and constraints, and interprets the evolutionary process of an FC-niche...
Persistent link: https://www.econbiz.de/10010730342
Based on local erosion rule and fluctuations in rainfall, geology and parameters of a river channel, a generalized Langevin equation is proposed to describe the random prolongation of a river channel. This equation is transformed into the Fokker–Plank equation to follow the early evolution of...
Persistent link: https://www.econbiz.de/10011060801
Persistent link: https://www.econbiz.de/10005790669
We analyze the population dynamics of a broad class of fitness functions that exhibit epochal evolution|a dynamical behavior, commonly observed in both natural and artificial evolutionary processes, in which long periods of stasis in an evolving population are punctuated by sudden bursts of...
Persistent link: https://www.econbiz.de/10005790923
As a basis for information recovery in open dynamic microeconomic systems, we emphasize the connection between adaptive intelligent behavior, causal entropy maximization and self-organized equilibrium seeking behavior. This entropy-based causal adaptive behavior framework permits the use of...
Persistent link: https://www.econbiz.de/10011755272
Despite the productive efforts of economists, the disequilibrium nature of the economic system and imprecise predictions persist. One reason for this outcome is that traditional econometric models and estimation and inference methods cannot provide the necessary quantitative information for the...
Persistent link: https://www.econbiz.de/10010544171
Despite the productive efforts of economists, the disequilibrium nature of the economic system and imprecise predictions persist. One reason for this outcome is that traditional econometric models and estimation and inference methods cannot provide the necessary quantitative information for the...
Persistent link: https://www.econbiz.de/10010676554
This paper is concerned with the problem of information recovery and measuring evidence that involves uncontrolled indirect noisy effects data and stochastic ill posed inverse problems in economics-econometrics. Information theoretic methods based on a multi parametric family of power divergence...
Persistent link: https://www.econbiz.de/10010687615