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Optimization and Interaction of an Economic and Sociological Model

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3 Author(s)
Marlin H. Mickle ; National Science Foundation, Washigton, D.C.; Department of Electrical Engineering, University of Pittsburgh, Pittsburgh, Pa. ; William G. Vogt ; Tobias A. Trygar

The use of dynamic economic models based on the work of Leontief has received increased attention due to the current interest in the dynamic analysis of urban and world areas. Stable dynamic models have been developed and consideration of labor in these areas has been proposed. The optimum dynamic allocation of labor has also been considered. The availability of labor as the output of a sociological model has been previously developed. In this paper, an optimum allocation problem is formulated based on the previously developed economic and sociological models. This extension results in an interacting dynamic socioeconomic model.

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IEEE Transactions on Systems, Man, and Cybernetics  (Volume:SMC-5 ,  Issue: 2 )