Publicação
Finite state machine modelling of the macro-economy
| dc.contributor.author | Silva, João Marques | |
| dc.contributor.author | Pereira, José Azevedo | |
| dc.date.accessioned | 2022-06-27T08:37:58Z | |
| dc.date.available | 2022-06-27T08:37:58Z | |
| dc.date.issued | 2017 | |
| dc.description.abstract | In this paper we model macro-economic policies with a Finite State Machine (FSM). The FSM is made of several states and transitions between states, in which a state is modelled by a set of conditions. The allowed transitions between states must be also be defined, in order to complete the model. In this paper we analyze how to use a FSM in order to model macroeconomic decision, where each state represents a set of economic decisions. Together with some pre-defined initial conditions, these adapted FSM models are analyzed in order for us to study what sequence of decisions yield the best results for pre-determined end-goals, based on the FSM’s possibilities. The final model shows what policies must be followed, and by what order, in order to maximize results, yielding some interesting conclusions.. | pt_PT |
| dc.description.version | info:eu-repo/semantics/publishedVersion | pt_PT |
| dc.identifier.citation | Silva, João Marques and José Azevedo Pereira.(2017). "Finite state machine modelling of the macro-economy." Journal of Advanced Management Science, Vol. 5, no. 5, pp. 333- 337 | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10400.5/24670 | |
| dc.language.iso | eng | pt_PT |
| dc.publisher | JOAMS | pt_PT |
| dc.subject | Finite State Machines (FSM) | pt_PT |
| dc.subject | Macro Economy | pt_PT |
| dc.subject | Modelling | pt_PT |
| dc.subject | Politics | pt_PT |
| dc.title | Finite state machine modelling of the macro-economy | pt_PT |
| dc.type | journal article | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | article | pt_PT |