๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Natural and artificial computing and reasoning in economic affairs

โœ Scribed by J. L. Moigne

Publisher
Springer US
Year
1989
Tongue
English
Weight
407 KB
Volume
27
Category
Article
ISSN
0040-5833

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โœฆ Synopsis

The concepts of Optimum Behavior and Optimum Decision are still the nuts of most of the researches and teachings related to economics and management sciences as well as to social and political affairs. The Paradigm of the optimization of the expected utility is now easily understood as a "natural application" of the "Principle of Least Action .... which was adumbrated by Pappus, which guided Physics, was generalized (after Fermat) by Lagrange, inspired Hamilton and Maxwell, and reappears in the latest developments of wave-Theory and Decision 27 (1989) 107-116. (~) 1989 Kluwer Academic Publishers.

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