Download or read book A Model for Bounded Technological Progress written by Sören Wibe and published by . This book was released on 1985 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Modell for Bounded Technological Progress written by Sören Wibe and published by . This book was released on 1985 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Models of Bounded Rationality written by Univ Of Chicago and published by Mit Press. This book was released on 1997-07 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering alternative models based on such concepts as satisficing(acceptance of viable choices that may not be the undiscoverableoptimum) and bounded rationality (the limited extent to which rationalcalculation can direct human behavior), Simon shows concretely whymore empirical research based on experiments and direct observation, rather than just statistical analysis of economic aggregates, isneeded.
Download or read book Economics of Structural and Technological Change written by Cristiano Antonelli and published by Routledge. This book was released on 2002-09-11 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technology has long been seen as a path to economic growth. However there is considerable debate about the exact nature of this relationship. Economics of Structural and Technological Change employs a wide range of theoretical and applied approaches to explore the concept of technological change. The book begins with a series of in-depth discussions of the economic analysis of technological change. The second section contains a discussion of theoretical models of technological change, focusing on issues such as time and innovation. The third section brings together a number of applied analyses of technological change and examines the effect of factors such as human resource constraints, patenting and science and technology indicators.
Download or read book Control Information and Technological Change written by Gerald E. Flueckiger and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Information theory, cybernetics and the theory of finite automata are used to model learning-by-doing, bounded rationality, routine behavior, and the formation of teams. The non-neoclassical characterization of production developed in this book ignores the usual quantitative relationships between inputs and outputs and instead views production strictly as a problem of control and communication. The motivation for this unconventional characterization of production comes from Schumpeter's critique of neoclassical economic theory. Schumpeter argued that neoclassical economic theory, and the habits of thought engendered by it, was the major obstacle to acquiring an understanding of technological change. The non-neoclassical characterization of production developed in this book is in keeping with how economic historians describe specific technological changes and how they write technological histories about particular machines, firms or industries.
Download or read book The Theory of Technological Change and Economic Growth written by Dr Stanislaw Gomulka and published by Routledge. This book was released on 2006-12-05 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this wide ranging exposition of the various economic theories of technological change, Stanislaw Gomulka relates them to rates of growth experienced by different economies in both the short and the long term. Analysis of countries as diverse as Japan, the Soviet Union and the United Kingdom demonstrates that there is an interdependence between technological change and the institutional and cultural characteristics of different countries, which can have a profound effect on their rates of growth. All of the major, relevant models are discussed, including those of Kuznets and Phelps, but throughout the emphasis is on the creation of a unified theoretical framework to help explain the impact of technological progress on both a micro and a macro scale.
Download or read book Optimal Firm Behaviour in the Context of Technological Progress and a Business Cycle written by Onno van Hilten and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis is a theoretical study of the optimal dynamic policies of a, to some extent, slowly adjusting firm that faces an exogeneously given technological progress and an exogeneously given business cycle. It belongs to the area of mathematical economics. It is intended to appeal to mathematical economists in the first place, economists in the second place and mathematicians in the third place. It entails an attempt to stretch the limits of the application of deterministic dynamic optimisation to economics, in particular to firm behaviour. A well-known· Dutch economist (and trained mathematician) recently stated in 1 a local university newspaper that mathematical economists give economics a bad reputation, since they formulate their problems from a mathematical point of view and they are only interested in technical, mathematical problems. At the same time, however, "profound as economists may be, when it comes to extending or modifying the existing theory to make it applicable to a certain economic problem, an understanding of optimal control theory (which is the mathematical theory used in this thesis, ovh) based solely on heuristic arguments will often turn out to be inadequate" (SydS
Download or read book Microdynamics of Technological Change written by Cristiano Antonelli and published by Routledge. This book was released on 2002-01-04 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents a comprehensive assessment of the economic effects of the emerging information and communication technologies associated with a knowledge-based economy, and looks at how knowledge is increasingly treated as a product in its own right. An original framework is developed to comprehend these fundamental shifts, based on three bodies of knowledge: * the economics of path dependence and of historical time as they are elaborated in the economics of new technologies * economic topology based on the methodology of network analysis * the new economics of knowledge and the concept of localized technological change This book provides a unified analytical framework for the study of the transition of advanced economic systems towards a knowledge-based economy.
Download or read book The Economics of Localized Technological Change and Industrial Dynamics written by Cristiano Antonelli and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of localized technological change is emerging at the crossroads of different approaches to the economics of innovation and new technologies. The term `localized technological change' refers to the introduction of technological changes which make possible an increase in total factor productivity within only a limited range of techniques defined by the levels of factor intensity. This contrasts with `generalized technological change', which is defined as the global shift of all the techniques represented on the map of isoquants of the neoclassical tradition. The Economics of Localized Technological Change elaborates the notion of localized technology with respect to firms, factor substitution, sectors, regions and techniques. It also assesses the implications for industrial policy, technology and innovation policy. The book will be of interest to corporate policy makers, scholars of industrial organization and economics of innovation as well as business school students.
Download or read book Models of Bounded Rationality and Mechanism Design written by Jacob Glazer and published by World Scientific Publishing Company. This book was released on 2016-08-22 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together the authors' joint papers from over a period of more than twenty years. The collection includes seven papers, each of which presents a novel and rigorous model in Economic Theory. All of the models are within the domain of implementation and mechanism design theories. These theories attempt to explain how incentive schemes and organizations can be designed with the goal of inducing agents to behave according to the designer's (principal's) objectives. Most of the literature assumes that agents are fully rational. In contrast, the authors inject into each model an element which conflicts with the standard notion of full rationality, demonstrating how such elements can dramatically change the mechanism design problem. Although all of the models presented in this volume touch on mechanism design issues, it is the formal modeling of bounded rationality that the authors are most interested in. A model of bounded rationality signifies a model that contains a procedural element of reasoning that is not consistent with full rationality. Rather than looking for a canonical model of bounded rationality, the articles introduce a variety of modeling devices that will capture procedural elements not previously considered, and which alter the analysis of the model. The book is a journey into the modeling of bounded rationality. It is a collection of modeling ideas rather than a general alternative theory of implementation.
Download or read book The Politics of Technological Progress written by Joel W. Simmons and published by Cambridge University Press. This book was released on 2016-12-15 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are some countries richer than others and why do some economies grow more rapidly? The Politics of Technological Progress answers these vital questions by highlighting the importance of technological progress for sustained economic development. The author also explains why some countries exhibit faster technological progress than others. Armed with a wealth of cross-national empirical evidence, Professor Simmons stresses the importance of properly constructed political parties for establishing an environment conducive to technological progress. 'Well-institutionalized' ruling parties are essential for technological progress, he argues, because only in such parties are time horizons long enough for governments to accept the deferred returns that are an inherent feature of government efforts to encourage innovation and technology adoption in the economy.
Download or read book Prometheus Bound written by John M. Ziman and published by Cambridge University Press. This book was released on 1994-03-25 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: A searching critique of the structural changes currently taking place in the scientific community, showing that managerial considerations now threaten to crowd out the creative element in science.
Download or read book Localised Technological Change written by Cristiano Antonelli and published by Routledge. This book was released on 2008-01-31 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pt. 1. The ingredients -- pt. 2. The governance of localised technological knowledge -- pt. 3. The introduction of localised technological change.
Download or read book Innovation and the Growth of Cities written by Zoltán J. Ács and published by Edward Elgar Publishing. This book was released on 2003-01-01 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Zoltan Acs explores the relationship between industrial innovation and economic growth at regional level and reaches conclusions as to why some regions grow and others decline. The book focuses on innovation and the growth of cities by the use of endogenous growth theory.
Download or read book Aeschylus Prometheus Bound written by Ian Ruffell and published by A&C Black. This book was released on 2012-12-20 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prometheus Bound is a play beloved of revolutionaries, romantics and rebels, with a fierce optimism tempered by an acute awareness of the compromises, dangers and obsessions of political action. This companion sets the play in its historical context, explores its challenge to authority, and traces its reception from the sixteenth to the twentieth century. Many scholars have disputed its Aeschylean authorship, but it has proved the most influential of tragedies outside academia. Marx's favourite tragedy, Prometheus Bound is also a foundational text for the genre of science fiction through its influence on Mary Shelley's Frankenstein. In its open-eyed celebration of technology and democracy, it is the tragedy for the modern age.
Download or read book Advances in Mathematical Economics written by Shigeo Kusuoka and published by Springer Science & Business Media. This book was released on 2000-01-14 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is the second volume of the series, Advances in Mathematical Economics, which was launched in 1999. Each volume does not to have volume title like each volume of usual journal. This volume consists of only invited and refereed papers to keep high standard of this series.
Download or read book The Impact of Environmental Emissions and Aggregate Economic Activity on Industry written by Mihir Kumar Pal and published by Emerald Group Publishing. This book was released on 2023-02-06 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: By introducing emissions as an input in an aggregate production function, The Impact of Environmental Emissions and Aggregate Economic Activity on Industry: Theoretical and Empirical Perspectives enhances an awareness of the trade-off between emissions and growth where the intersection between economy and environment needs it most.
