This paper discusses the possible use of the Aeracom-type analogcomputer in solving dynamic economic models. The first part presents an industry inventor model as an illustration and shows solutions that were obtained by use of the Aeracom for various parameter values. The latter part discusses the types of equations that can be handled by the Aeracom and the general applicability of the computer to economic models.
MLA
Morehouse, N. F., et al. “An Electro-Analog Method for Investigating Problems in Economic Dynamics: Inventory Oscillations.” Econometrica, vol. 18, .no 4, Econometric Society, 1950, pp. 313-328, https://www.jstor.org/stable/1907832
Chicago
Morehouse, N. F., R. H. Strotz, and S. J. Horwitz. “An Electro-Analog Method for Investigating Problems in Economic Dynamics: Inventory Oscillations.” Econometrica, 18, .no 4, (Econometric Society: 1950), 313-328. https://www.jstor.org/stable/1907832
APA
Morehouse, N. F., Strotz, R. H., & Horwitz, S. J. (1950). An Electro-Analog Method for Investigating Problems in Economic Dynamics: Inventory Oscillations. Econometrica, 18(4), 313-328. https://www.jstor.org/stable/1907832
The Executive Committee of the Econometric Society has approved an increase in the submission fees for papers in Econometrica. Starting January 1, 2025, the fee for new submissions to Econometrica will be US$125 for regular members and US$50 for student members.
By clicking the "Accept" button or continuing to browse our site, you agree to first-party and session-only cookies being stored on your device. Cookies are used to optimize your experience and anonymously analyze website performance and traffic.