{"title":"Role of control and system theory in economics","authors":"P. Varaiya","doi":"10.1109/CDC.1975.270640","DOIUrl":null,"url":null,"abstract":"It is argued that the interests of control and system theorists can be divided into two sets: the technical interests labeled Control Theory and the \"System\" interests called Cybernetics. It is suggested that unique contributions to economics can only come from Cybernetics.","PeriodicalId":164707,"journal":{"name":"1975 IEEE Conference on Decision and Control including the 14th Symposium on Adaptive Processes","volume":"138 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1975-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"1975 IEEE Conference on Decision and Control including the 14th Symposium on Adaptive Processes","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/CDC.1975.270640","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
It is argued that the interests of control and system theorists can be divided into two sets: the technical interests labeled Control Theory and the "System" interests called Cybernetics. It is suggested that unique contributions to economics can only come from Cybernetics.
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