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Economic growth and the growth of human population in the past 2,000,000 years are extensively examined. Data are found to be in a clear contradiction of the currently accepted explanations of the mechanism of growth, which revolve around…

经济学 · 定量金融 2017-10-06 Ron W. Nielsen

Institutions and their aggregates are not the right units of analysis for developing a science policy with cognitive goals in view. Institutions, however, can be compared in terms of their performance with reference to their previous…

物理与社会 · 物理学 2009-11-24 Loet Leydesdorff , Ping Zhou

Many macroeconomic policy questions may be assessed in a case study framework, where the time series of a treated unit is compared to a counterfactual constructed from a large pool of control units. I provide a general framework for this…

计量经济学 · 经济学 2018-03-02 Daniel Kinn

We study several models of growth driven by innovation and imitation by a continuum of firms, focusing on the interaction between the two. We first investigate a model on a technology ladder where innovation and imitation combine to…

理论经济学 · 经济学 2020-08-27 Jess Benhabib , Éric Brunet , Mildred Hager

This paper tackles challenges in pricing and revenue projections due to consumer uncertainty. We propose a novel data-based approach for firms facing unknown consumer type distributions. Unlike existing methods, we assume firms only observe…

理论经济学 · 经济学 2024-05-28 Duarte Gonçalves , Bruno A. Furtado

There is growing acknowledgement within the software engineering community that a theory of software development is needed to integrate the myriad methodologies that are currently popular, some of which are based on opposing perspectives.…

软件工程 · 计算机科学 2021-03-08 Diana Kirk , Stephen G. MacDonell

The attempt to determine the population growth rate from field data reveals several ambiguities in its definition(s), which seem to throw into question the very concept itself. However, an alternative point of view is proposed that not only…

种群与进化 · 定量生物学 2013-08-29 Michael Deveau , Richard Karsten , Holger Teismann

Data-driven intelligent computational design (DICD) is a research hotspot emerged under the context of fast-developing artificial intelligence. It emphasizes on utilizing deep learning algorithms to extract and represent the design features…

人工智能 · 计算机科学 2023-04-12 Maolin Yang , Pingyu Jiang , Tianshuo Zang , Yuhao Liu

U-statistics are widely used in fields such as economics, machine learning, and statistics. However, while they enjoy desirable statistical properties, they have an obvious drawback in that the computation becomes impractical as the data…

统计理论 · 数学 2020-08-12 Xiangshun Kong , Wei Zheng

Concurrent engineering taking into account product life-cycle factors seems to be one of the industrial challenges of the next years. Cost estimation and management are two main strategic tasks that imply the possibility of managing costs…

综合物理 · 物理学 2010-12-01 Nicolas Perry , Alain Bernard

This survey (re)introduces reinforcement learning methods to economists. The curse of dimensionality limits how far exact dynamic programming can be effectively applied, forcing us to rely on suitably "small" problems or our ability to…

综合经济学 · 经济学 2026-03-25 Pranjal Rawat

Pontrygin-type maximum principle is extended for the present value Hamiltonian systems and current value Hamiltonian systems of nonlinear difference equations for uniform time step $h$. A new method termed as a discrete time current value…

最优化与控制 · 数学 2021-12-28 Rehana Naz

A novel approach to analyzing time series generated by complex systems, such as markets, is presented. The basic idea of the approach is the {\it Law of Self-Similar Evolution}, according to which any complex system develops self-similarly.…

凝聚态物理 · 物理学 2009-11-07 V. I. Yukalov

We consider a simple variant of the von Neumann model of an expanding economy, in which multiple producers make goods according to their production function. The players trade their goods at the market and then use the bundles acquired for…

计算机科学与博弈论 · 计算机科学 2019-09-27 Simina Brânzei , Ruta Mehta , Noam Nisan

Markov Decision Processes (MDPs) offer a fairly generic and powerful framework to discuss the notion of optimal policies for dynamic systems, in particular when the dynamics are stochastic. However, computing the optimal policy of an MDP…

系统与控制 · 电气工程与系统科学 2024-07-24 Dirk Reinhardt , Akhil S. Anand , Shambhuraj Sawant , Sebastien Gros

In 2015, the United Nations put forward 17 Sustainable Development Goals (SDGs) to be achieved by 2030, where data has been promoted as a focus to innovating sustainable development and as a means to measuring progress towards achieving the…

信息检索 · 计算机科学 2023-07-18 Yuwei Jiang , David Johnson

The global production (as a system of creating values) is eventually forming a vast web of value chains that explains the transitional structures of global trade and development of the world economy. It is truly a new wave of globalisation,…

综合经济学 · 经济学 2021-03-03 Sourish Dutta

Formal methods refer to rigorous, mathematical approaches to system development and have played a key role in establishing the correctness of safety-critical systems. The main building blocks of formal methods are models and specifications,…

Is there a general economic pathway recapitulated by individual cities over and over? Identifying such evolution structure, if any, would inform models for the assessment, maintenance, and forecasting of urban sustainability and economic…

物理与社会 · 物理学 2020-08-27 Inho Hong , Morgan R. Frank , Iyad Rahwan , Woo-Sung Jung , Hyejin Youn

Classic economic science is reaching the limits of its explanatory powers. Complexity science uses an increasingly larger set of different methods to analyze physical, biological, cultural, social, and economic factors, providing a broader…

综合金融 · 定量金融 2017-07-11 Klaus Jaffe
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