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Applications Of Cybernetics In Economics
Economics is one domain in which cybernetics has had application and influence. In the Soviet Union The Great Soviet Encyclopaedia defines Economic cybernetics as a scientific field wherein cybernetic approaches are applied to economics. It facilitates a dialogue between microsystems and macrosystems. The design of self-regulating control systems for a real-time planned economy was explored by economist Oskar Lange, cyberneticist Viktor Glushkov, and other Soviet cyberneticists during the 1960s. By the time information technology was developed enough to enable feasible economic planning based on computers, the Soviet Union and eastern bloc countries began moving away from planning and eventually collapsed. Project cybersyn Hayek Friedrich Hayek attended the 1960 Symposium on Principles of Self-Organization, organised by Heinz von Foerster. Hayek mentions cybernetics as a discipline that could help economists understand the "self-organizing or self-generating systems" ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cybernetics
Cybernetics is a wide-ranging field concerned with circular causality, such as feedback, in regulatory and purposive systems. Cybernetics is named after an example of circular causal feedback, that of steering a ship, where the helmsperson maintains a steady course in a changing environment by adjusting their steering in continual response to the effect it is observed as having. Cybernetics is concerned with circular causal processes such as steering however they are embodied,Ashby, W. R. (1956). An introduction to cybernetics. London: Chapman & Hall, p. 1. including in ecological, technological, biological, cognitive, and social systems, and in the context of practical activities such as designing, learning, managing, conversation, and the practice of cybernetics itself. Cybernetics' transdisciplinary and "antidisciplinary" character has meant that it intersects with a number of other fields, leading to it having both wide influence and diverse interpretations. Cybernetics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
