MARKOV’S MODELS OF ECONOMIC SYSTEMS

Economic Models and Algorithms for Distributed Systems

Economic Models and Algorithms for Grid Systems

The Grid is a promising concept to solve the dilemma of increasingly complex and demandingapplications being confronted with the need for a more efficient and flexible use of existing resources.Network-centric Grid Operating Systems (OS) aim at providing users and applications withtransparent and seamless access to heterogeneous Grid resources across different administrativedoma...

Economic Models and Algorithms for Distributed Systems

Langevin Processes, Agent Models and Socio-economic Systems Agent Models

We review some approaches to the understanding of fluctuations in some models used to describe socio and economic systems. Our approach builds on the development of a simple Langevin equation that characterises stochastic processes. This provides a unifying approach that allows first a straightforward description of the early approaches of Bachelier. We generalise the approach to stochastic equ...

Analysis of the Effect of Regional Creativity on Regional Economic Growth within New Economic Geographical Models

A mong the theories explaining the relationship between creativity criteria in cities and economic growth, “Human Capital Theory” by Glaeser and “Creative Class theory” by Florida can be mentioned. Accordingly, present paper aimed at analysis of the creativity effect on regional economic growth and is presented in two theoretical and experimental parts. Considering the results of the curre...