Mathematical models have been very successful in the study of the physical world. Galilei and Newton introduced point particles moving without friction under the action of simple forces as the basis for the description of concrete motions like the ones of the planets. This approach was sustained by appro priate mathematical methods, namely infinitesimal calculus, which was being developed at that time. In this way classical analytical mechanics was able to establish some general results, gaining insight through explicit solution of some simple cases and developing various methods of approximation for handling more complicated ones. Special relativity theory can be seen as an extension of this kind of modelling. In the study of electromagnetic phenomena and in general relativity another mathematical model is used, in which the concept of classical field plays the fundamental role. The equations of motion here are partial differential equations, and the methods of study used involve further developments of classical analysis. These models are deterministic in nature. However it was realized already in the second half of last century, through the work of Maxwell, Boltzmann, Gibbs and others, that in the discussion of systems involving a great number of particles, the deterministic description is not by itself of great help, in particu lar a suitable "weighting" of all possible initial conditions should be considered.
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Mathematical models have been very successful in the study of the physical world. Galilei and Newton introduced point particles moving without friction under the action of simple forces as the basis for the description of concrete motions like the ones of the planets. This approach was sustained by appro priate mathematical methods, namely infinitesimal calculus, which was being developed at that time. In this way classical analytical mechanics was able to establish some general results, gaining insight through explicit solution of some simple cases and developing various methods of approximation for handling more complicated ones. Special relativity theory can be seen as an extension of this kind of modelling. In the study of electromagnetic phenomena and in general relativity another mathematical model is used, in which the concept of classical field plays the fundamental role. The equations of motion here are partial differential equations, and the methods of study used involve further developments of classical analysis. These models are deterministic in nature. However it was realized already in the second half of last century, through the work of Maxwell, Boltzmann, Gibbs and others, that in the discussion of systems involving a great number of particles, the deterministic description is not by itself of great help, in particu lar a suitable "weighting" of all possible initial conditions should be considered.
This monograph deals with the application of stochastic analysis and control techniques to the study of socioeconomic problems arising in processes of development and growth. Economic issues are formulated in a manner amenable to rigorous mathematical scrutiny without losing sight of their essential content.
This self-contained work consists of three parts. Part I is a detailed examination of basic themes of available theories of political economy and develops a body of theoretical tools appropriate to the investigation of stochastic accumulation of capital within the framework of social reproduction.
Part II points to the elaboration of a novel approach using probabilistic and variational methods. Key concepts such as expansion of capacity, development of productive forces, generation of economic surplus and effective demand are incorporated in stochastic models where learning, renewal of system potentials and conflicting social arrangements are at the heart of capital accumulation.
Part III consists of four succinct surveys which carefully introduce the basic machinery from the theory of systems, (deterministic) optimal control, stochastic analysis and control of random systems. The last survey identifies distinguishing features of a labor-surplus economy of the peripheral type within the world capitalist system. The application of the semimartingale methodology and analogies from probabilistic mechanisc shifts informational structures to the forefront and points to fundamental links between microscopic and macroscopic aspects of system interactions as well as time scalling and observation of socioeconomic phenomena.
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Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Mathematical models have been very successful in the study of the physical world. Galilei and Newton introduced point particles moving without friction under the action of simple forces as the basis for the description of concrete motions like the ones of the planets. This approach was sustained by appro priate mathematical methods, namely infinitesimal calculus, which was being developed at that time. In this way classical analytical mechanics was able to establish some general results, gaining insight through explicit solution of some simple cases and developing various methods of approximation for handling more complicated ones. Special relativity theory can be seen as an extension of this kind of modelling. In the study of electromagnetic phenomena and in general relativity another mathematical model is used, in which the concept of classical field plays the fundamental role. The equations of motion here are partial differential equations, and the methods of study used involve further developments of classical analysis. These models are deterministic in nature. However it was realized already in the second half of last century, through the work of Maxwell, Boltzmann, Gibbs and others, that in the discussion of systems involving a great number of particles, the deterministic description is not by itself of great help, in particu lar a suitable 'weighting' of all possible initial conditions should be considered. 468 pp. Englisch. Nº de ref. del artículo: 9789401051149
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Condición: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Mathematical models have been very successful in the study of the physical world. Galilei and Newton introduced point particles moving without friction under the action of simple forces as the basis for the description of concrete motions like the ones of t. Nº de ref. del artículo: 5831848
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