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Dynamic Utility Functions Proposed

Michio Morishima

in Theory of Economic Growth

Published in print:
1969
Published Online:
November 2003
ISBN:
9780198281641
eISBN:
9780191596667
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281641.003.0012
Subject:
Economics and Finance, Development, Growth, and Environmental

Various dynamic utility functions are proposed for optimum economic growth. The different sections of the chapter discuss: maximization of satisfaction over time; whether dynamic utility should be ... More


Bayesian Brain: Probabilistic Approaches to Neural Coding

Kenji Doya, Shin Ishii, Alexandre Pouget, and Rajesh P.N. Rao (eds)

Published in print:
2006
Published Online:
August 2013
ISBN:
9780262042383
eISBN:
9780262294188
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262042383.001.0001
Subject:
Neuroscience, Disorders of the Nervous System

A Bayesian approach can contribute to an understanding of the brain on multiple levels, by giving normative predictions about how an ideal sensory system should combine prior knowledge and ... More


System-Theoretic Approaches to Network Reconstruction

Jorge Gonçalves and Sean Warnick

in Control Theory and Systems Biology

Published in print:
2009
Published Online:
August 2013
ISBN:
9780262013345
eISBN:
9780262258906
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262013345.003.0013
Subject:
Biology, Biomathematics / Statistics and Data Analysis / Complexity Studies

This chapter introduces the biochemical network, highlighting its role in managing the complexity of biochemical systems and its link to system dynamics. It describes network reconstruction and its ... More


Dynamic Decision Making, Distance Functions, and Productive Efficiency

Elvira Silva, Spiro E. Stefanou, and Alfons Oude Lansink

in Dynamic Efficiency and Productivity Measurement

Published in print:
2021
Published Online:
April 2021
ISBN:
9780190919474
eISBN:
9780197537176
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190919474.003.0005
Subject:
Economics and Finance, Microeconomics

This chapter discusses three concepts of the directional distance function in the presence of internal adjustment costs, designated as adjustment cost directional distance functions. These functions ... More


Dynamic Structure of Production and Productivity Change

Elvira Silva, Spiro E. Stefanou, and Alfons Oude Lansink

in Dynamic Efficiency and Productivity Measurement

Published in print:
2021
Published Online:
April 2021
ISBN:
9780190919474
eISBN:
9780197537176
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190919474.003.0006
Subject:
Economics and Finance, Microeconomics

The concept of efficiency involves measuring the current practice against the maximum potential for a given technology. This chapter addresses the intertemporal measurement of economic growth and ... More


Econometric Approaches

Elvira Silva, Spiro E. Stefanou, and Alfons Oude Lansink

in Dynamic Efficiency and Productivity Measurement

Published in print:
2021
Published Online:
April 2021
ISBN:
9780190919474
eISBN:
9780197537176
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190919474.003.0007
Subject:
Economics and Finance, Microeconomics

Econometric approaches provide another avenue to implementing the frameworks and concepts of dynamic efficiency and productivity measurement. This chapter addresses both structural and reduced-form ... More


Dynamic Efficiency and Productivity Measurement

Elvira Silva, Spiro E. Stefanou, and Alfons Oude Lansink

Published in print:
2021
Published Online:
April 2021
ISBN:
9780190919474
eISBN:
9780197537176
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190919474.001.0001
Subject:
Economics and Finance, Microeconomics

The book takes on a systematic treatment of dynamic decision making and performance measurement. The analytical foundations of the dynamic production technology are introduced and developed in detail ... More


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