Re: Seminar: HILBERT SPACE MODELS COMMODITY EXCHANGES by Paul Cockshott

From: Paul C (clyder@GN.APC.ORG)
Date: Sat Sep 25 2004 - 18:51:24 EDT


Ian Wright wrote:

>Hi Paul
>
>
>
>>However, I suspect that there is a virtue in thinking of
>>familiar things in a different form
>>
>>
>
>I wonder if you think that your representation will allow dynamic
>models of exchange economies to be constructed that update via
>discrete matrix operations. If so, one big benefit would be that it
>might be easier to prove convergence properties as linear algebra is
>so well-understood. In your scheme, can a set of commodity exchanges
>be represented as a single value-conserving operator, so that each
>time step may be interpreted as the application of such an operator.
>The operator applied at each step would be conditional on the nxm
>matrix A, and there would need to be some additional rules to define
>that construction. I am very interested in anything that makes
>dynamics more amenable to analysis.
>
>-Ian.
>
>
>
>
Yes that is the aim, but the problem is that the operator matrix is
dependent on the
current amplitude matrix. I constructed the example matrices partly by hand
and partly  by aid of  Mathematica.


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