ADAPTIVE PROCESSES IN ECONOMIC SYSTEMS,

Abstract

Contents: Introduction: The adaptive process in social systems, Adaptive processes in biological systems, Adaptive processes in cybernetics, The fundamental properties of adaptive processes, The adaptive principle of optimality, The general adaptive process, The stochastic growth process, The binomial investment process, Some investment processes other than the binomial process, The most likely probability distribution function for the underlying stochastic process, Entry of the new investor into the market, Statistical equilibrium in the investment market.

Document Details

Document Type
Technical Report
Publication Date
Jul 30, 1962
Accession Number
AD0282169

Entities

People

  • Roy E. Murphy Jr

Organizations

  • Stanford University

Tags

Communities of Interest

  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Binomials
  • Cybernetics
  • Distribution Functions
  • Economic Systems
  • Investments
  • Mathematics
  • Probability
  • Probability Distribution Functions
  • Probability Distributions
  • Random Variables
  • Stochastic Processes
  • Systems Biology

Readers

  • Economics
  • Mathematical Modeling and Probability Theory.
  • Neural Network Machine Learning.