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George Mason University

Modeling Adaptive Economic Agents With PID Controllers

Abstract

I provide here a counterpoint to the rational agents that dominate economics: rather than adding rigidities and information limits on an otherwise classical feed-forward agent, I build a new feed-back agent that achieves equilibrium without knowledge of the model or the market it is in.

Author and committee

dc:creator, dc:contributor.*
Author
  • Carrella, Ernesto

Subjects

dc:subject × 8

Identifiers

dc:identifier.*
Identifier
hdl:1920/9862
OAI identifier oai:identifier
oai:MARS:1920/9862

Chain of custody

source
Harvested from
George Mason University
Base URL
mars.gmu.edu/server/oai/request
Last updated
2026-07-27
Source record
OAI-PMH GetRecord
citation

Carrella, Ernesto. Modeling Adaptive Economic Agents With PID Controllers. 2015.