The recent economic crisis has highlighted the difficulties of economic models to predict such phenomena. Not a few economists are pointing the finger at the models developed and used by traditional economic theory, whose assumptions are not reflected in the daily work of economic agents. Nevertheless the governments are constantly forced to take decisions based on estimates and forecasts derived from those models. But if the theoretical construct on which they are based is at least doubtful, how effective can have an indication of policy? The aim of this work is a synthesis of the literature on control theory with particular emphasis on the control of chaotic systems. Synthesis seems to be lacking in the literature or heavily dated not allowing to consider the opportunities offered by the new methodologies and tools. What we want is to highlight what contribution they can make to the control of economic phenomena.

Il Controllo dell’Economia: Bilancio e Prospettive

FAGGINI, Marisa
2012-01-01

Abstract

The recent economic crisis has highlighted the difficulties of economic models to predict such phenomena. Not a few economists are pointing the finger at the models developed and used by traditional economic theory, whose assumptions are not reflected in the daily work of economic agents. Nevertheless the governments are constantly forced to take decisions based on estimates and forecasts derived from those models. But if the theoretical construct on which they are based is at least doubtful, how effective can have an indication of policy? The aim of this work is a synthesis of the literature on control theory with particular emphasis on the control of chaotic systems. Synthesis seems to be lacking in the literature or heavily dated not allowing to consider the opportunities offered by the new methodologies and tools. What we want is to highlight what contribution they can make to the control of economic phenomena.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11386/3040120
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