Download e-book for iPad: Adaptive Economic Models. Proceedings of a Symposium by Richard H. Day, Theodore Groves

By Richard H. Day, Theodore Groves

ISBN-10: 0122073509

ISBN-13: 9780122073502

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Read or Download Adaptive Economic Models. Proceedings of a Symposium Conducted by the Mathematics Research Center, the University of Wisconsin–Madison, October 21–23, 1974 PDF

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Extra info for Adaptive Economic Models. Proceedings of a Symposium Conducted by the Mathematics Research Center, the University of Wisconsin–Madison, October 21–23, 1974

Example text

Nevertheless, this insistent reappearance of homologous behaviors in many apparently independent areas could not occur unless there exist deep formal relationships between these areas. One of the most exciting tasks of contemporary theoretical science is to discern and articulate these relationships, and examine their implications and consequences. The benefits accruing from these theoretical activities are many. For one thing, they allow the development of new kinds of unifying principles, with their attendant economies of thought which we must have if we are not to be overwhelmed by torrents of specialized new knowledge.

116] . REFERENCES Ashby, W. R. [1967], "The Set Theory of Mechanism and Homeostasis, " in D. J. ), Automation Theory and Learning Systems, Washington, D. : Thompson Book Co. Gellman, R. [1957], Dynamic Programming, Princeton: Princeton University Press. Goulding, K. S. [1962], A Reconstruction of Economics, New York: Science Editions, Inc. Cannon, W. B. [1939], The Wisdom of the Body (revised edition), New York: W. W. Norton and Co. , Inc. 35 RICHARD H. DAU Childe, V. G. [1951], Social Evolution, London: Watts and Co.

Cit. ). The examples we have just cited leads us into the next general concept which must be mentioned. 3. 3. The Hierarchical Structure of Biological Organizations The process of biological evolution began long ago with the proliferation of individual cellular units. Since such cells are individuals with a well-defined notion of survival, we can speak of their adaptations to a host of environmental circumstances. But at some point, we find an emergence of associations between these units, to form entirely new kinds of individuals (colonies, multicellular organisms) at a higher level of organization.

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Adaptive Economic Models. Proceedings of a Symposium Conducted by the Mathematics Research Center, the University of Wisconsin–Madison, October 21–23, 1974 by Richard H. Day, Theodore Groves


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