IDEAS home Printed from https://ideas.repec.org/a/wsi/ijmpcx/v20y2009i04ns0129183109013868.html
   My bibliography  Save this article

Imperfect Coordination In Optimization

Author

Listed:
  • ELENA RAMÍREZ BARRIOS

    (Department of Economics, University of Bremen, D-28359 Bremen, Germany)

  • JUAN G. DÍAZ OCHOA

    (Institute for Theoretical Physics, University of Bremen, D-28359 Bremen, Germany)

Abstract

We present a novel optimization method for an Ising like system suspended in a lattice with nonstatic defects. Depending on the size of the experimental probe the system spontaneously defines a defect free lattice where the control function can be optimized using conventional methods as Metropolis heuristics. We illustrate this method in a lattice with variable defects and show how the magnetization of the system depends on the spontaneous definition of the defect-free lattice. This approximation should be useful as a basis for the definition of systems of agents with imperfect coordination.

Suggested Citation

  • Elena Ramírez Barrios & Juan G. Díaz Ochoa, 2009. "Imperfect Coordination In Optimization," International Journal of Modern Physics C (IJMPC), World Scientific Publishing Co. Pte. Ltd., vol. 20(04), pages 527-538.
    • Handle: RePEc:wsi:ijmpcx:v:20:y:2009:i:04:n:s0129183109013868
    DOI: 10.1142/S0129183109013868
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0129183109013868
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0129183109013868?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Samuelson, Paul A, 1972. "Maximum Principles in Analytical Economics," American Economic Review, American Economic Association, vol. 62(3), pages 249-262, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nocetti, Diego C., 2013. "The LeChatelier principle for changes in risk," Journal of Mathematical Economics, Elsevier, vol. 49(6), pages 460-466.
    2. Vincent Carret, 2021. "Rupture and continuity in the original divide between micro-dynamics and macro-dynamics," Working Papers halshs-03242180, HAL.
    3. repec:voc:wpaper:tech82012 is not listed on IDEAS
    4. Martin Flodén, 2006. "Labour Supply and Saving Under Uncertainty," Economic Journal, Royal Economic Society, vol. 116(513), pages 721-737, July.
    5. Venkatasubramanian, Venkat & Luo, Yu & Sethuraman, Jay, 2015. "How much inequality in income is fair? A microeconomic game theoretic perspective," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 435(C), pages 120-138.
    6. Marlene Kim, 2018. "URPE at Fifty: Reflections on a Half Century of Activism, Community, Debate (and a Few Crazy Moments)," Review of Radical Political Economics, Union for Radical Political Economics, vol. 50(3), pages 468-486, September.
    7. Venkat Venkatasubramanian & Yu Luo, 2018. "How much income inequality is fair? Nash bargaining solution and its connection to entropy," Papers 1806.05262, arXiv.org.
    8. K. Vela Velupillai, 2011. "Postkeynesian Precepts for Nonlinear, Endogenous, Nonstochastic, Business Cycle Theories," ASSRU Discussion Papers 1107, ASSRU - Algorithmic Social Science Research Unit.
    9. Matthias Aistleitner & Jakob Kapeller & Stefan Steinerberger, 2018. "Citation Patterns in Economics and Beyond," Working Papers Series 85, Institute for New Economic Thinking.
    10. Kombarov, Sayan, 2021. "Action in Economics: Mathematical Derivation of Laws of Economics from the Principle of Least Action in Physics," MPRA Paper 112474, University Library of Munich, Germany.
    11. John Bryant, 2008. "Thermodynamics and the Economic Process," Working Papers ten62008, Economic Consultancy, Vocat International.
    12. repec:voc:wpaper:tech32012 is not listed on IDEAS
    13. K. Vela Velupillai, 2012. "Iteration, Tâtonnement, Computation and Economic Dynamics," ASSRU Discussion Papers 1213, ASSRU - Algorithmic Social Science Research Unit.
    14. repec:voc:wpaper:tech42012 is not listed on IDEAS
    15. M. Mosca, 2001. "La "mentalit industriale" di Angelo Marescotti," Working Papers 412, Dipartimento Scienze Economiche, Universita' di Bologna.
    16. repec:bap:eebook:02 is not listed on IDEAS
    17. Olkhov, Victor, 2021. "Theoretical Economics and the Second-Order Economic Theory. What is it?," MPRA Paper 110893, University Library of Munich, Germany.
    18. Vincent Carret, 2022. "Jacques Rueff, Friedrich Hayek, and the Emergence of Economic Order: the Case of the European Coal and Steel Community," Working Papers halshs-03824688, HAL.
    19. repec:voc:wpaper:tech72012 is not listed on IDEAS
    20. Arrow, Kenneth J, 1974. "General Economic Equilibrium: Purpose, Analytic Techniques, Collective Choice," American Economic Review, American Economic Association, vol. 64(3), pages 253-272, June.
    21. K. Vela Velupillai, 2012. ""Dear Professor Mankiw..."- Reflections on Four Decades of Learning and Teaching Macroeconomics," ASSRU Discussion Papers 1206, ASSRU - Algorithmic Social Science Research Unit.
    22. repec:voc:wpaper:tech52012 is not listed on IDEAS
    23. Anatoly M. Tsirlin & Vladimir A. Kazakov, 2004. "Optimal Processes in Irreversible Thermodynamics and Microeconomics," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 2(1), pages 29-42.
    24. John Bryant, 2010. "A Thermodynamic Approach to Monetary Economics. A Revision. An application to the UK Economy 1969-2006 and the USA Economy 1966-2006," Working Papers ten5a2010, Economic Consultancy, Vocat International.
    25. Colander, David & Rothschild, Casey, 2010. "Sins of the Sons of Samuelson: Vision, pedagogy, and the zig-zag windings of complex dynamics," Journal of Economic Behavior & Organization, Elsevier, vol. 74(3), pages 277-290, June.
    26. N. Dharmaraj & K. Vela Velupillai, 2011. "The Time-to-Build Tradition in Business Cycle Modelling," ASSRU Discussion Papers 1109, ASSRU - Algorithmic Social Science Research Unit.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:ijmpcx:v:20:y:2009:i:04:n:s0129183109013868. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/ijmpc/ijmpc.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.