The careful study of the costs a preliminary design is fundamental for its realization and future operation. mechanical systems requires innovation, creativity through technological research. related feasibility studies are full many parameters, not very effective, take place in concurrent varying environment. It therefore difficult to conduct them effectively. factors product life cycle listed...

The Hamiltonian Method of Swarm Design is applied to the design of an agent based economic system. The method allows the design of a system from the global behaviors to the agent behaviors, with a guarantee that once certain derived agent-level conditions are satisfied, the system behavior becomes the desired behavior. Conditions which must be satisfied by consumer agents in order to bring fort...

While much attention has been devoted to analyzing how the institutional framework and entrepreneurship impact growth, how economic policy and institutional design affect entrepreneurship appears to be much less analyzed. We try to explain cross-country differences in the level of entrepreneurship by differences in economic policy and institutional design. Specifically, we use measures of econo...