They integrate knowledge from diverse sources; they are robust in the face of experimentation; they encourage cooperative relationships; and they are inherently parallel in operation. For example, there are the "genetic algorithms" and classifier systems approaches developed by John Holland, and the connectionist or neural networks approaches. Silverberg, Gerard. 1988. "Modelling Economic Dynamics and Technical Change: Mathematical Approaches to Self-Organization and Evolution," in G. Dosi et al., eds., Economic Theory and Technical Change (New York: Printers Publishers). In addition, the process of standard formation is constantly konsultan koperasi being threatened by the entrepreneurial discovery process (Hayek, 1978a) leading to the search for technical adapters and innovations which would make such standards obsolete. In the early days of economics as a profession, book printing was the leading edge of technology, and accordingly most economics consisted of verbal arguments. Ronald Heiner also examines the importance of nonlinear dynamic processes in economics in his paper "The Origin of Predictable Dynamic Behavior" (Journal of Economic Behavior and Organization, October, 1989). Heiner expands on his research into the origin of predictable behavior by showing that regularity in behavior may emerge as the result of agents' responses to nonlinearities resulting from the fact that current preferences are partially dependent on past experiences.
1989. "Evolution of the Money Concept: A computational Model," unpublished Manuscript, George Mason University. Buchanan,Liberty, Market and State (New York: New York University Press, 1986). .1986. Minsky, Marvin. 1986. The Society of Mind (New York: Simon and Schuster). Cox, Brad J. 1986. Object Oriented Programming: An Evolutionary Approach (Reading, MA: Addison-Wesley). After all, market process economists think an alternative approach to the subject matter is necessary precisely because neoclassical economics has tried to subsume action into a mechanistic model. Click on the one you think is me! In other words, though anyone could publish at will on a hypertext system, if one develops a bad reputation, very few will ever see his work. Reading Miller and Drexler's papers, we were struck by the depth of understanding these computer scientists have of our literature, especially the work on property rights economics and the spontaneous order theory of F. A. Hayek. It turns out that Miller and Drexler were specifically alerted to the economic writings of Hayek by Phil Salin. Emergent AI traces its origins to early contributions to neural networks such as those of Donald 0. Hebb (1949), whom Hayek cites favorably in The Sensory Order, and Frank Rosenblatt (1958; 1962). These efforts had at one time been discredited by the more rationalistic approaches, but they are today making a dramatic comeback.
What makes this research especially interesting to several of us at the Center for the Study of Market Processes is that the kind of economics Miller and Drexler are using to overcome their own problems in computer science is "our kind." This was no accident. In August of 1989, the three of us made a trip to Palo Alto to visit Miller and Drexler at the Xanadu Operating Company and the American Information Exchange Corporation, or "AMIX, " the two software design companies where Miller and Salin work, and for whom Drexler is a consultant. In all, we spoke to some twenty to thirty young computer scientists who are energetically applying market process insights to some very ambitious software ventures. On the side, during the late 70's and early 80's I wrote books and software for the Apple II personal computer, such as Beneath Apple DOS. You can download my first game for the Apple II - Beneath Apple Manor - this version runs on a PC.
Ever since I first got my Avalon Hill Gettysburg game when I was 10 years old, it has fascinated me. Three years ago I bought a Metallica CD. We returned with too many possible topics for the three of us to handle. We came hoping to find one or two possible research topics. My father's side of the family came over from England in the early 1900's, having been involved in the woolen industry there. Some of the law’s proponents say it will offer the industry a chance to prove what many know is true science: Dietary Supplements are safe. As the law's reporting requirements become effective, our emphasis will shift to educating the industry and helping companies set up appropriate QC reporting systems in conjunction with the IHR Third Party Evaluation and Reporting System. Dietary Supplement Purveyors will be invited to become Associate Members of IHR (though this is not required for companies to participate in the AER screening and reporting system).
