How Long to Read Modeling and Optimization of the Lifetime of Technologies

How Long Does it Take to Read Modeling and Optimization of the Lifetime of Technologies?

It takes the average reader 4 hours and 14 minutes to read Modeling and Optimization of the Lifetime of Technologies by N.V. Hritonenko

Assuming a reading speed of 250 words per minute. Learn more

Description

Modern economic growth is characterized by structural changes based on the introduction of new technologies into economics. The replacement and renova tion of technologies in industrial environments undergoing technical change is clearly one of the key aspects of economic development. The mathematical modeling of evolutionary economics under technical change (TC) has been rigorously considered by many authors during last decades. There is a wide variety of economic approaches and models describing different aspects of technical change. Among these are the models of embodied technical progress [19], [35], [70], [129], endogenous growth models [94], [102], the models of technological innovations [31], [32], [41], and others. The perspective self organization evolutionary approach is developed in [20], [38], [122], [123], [124], [126], which unites the aspects of diffusion of new technologies, technological and behavioral diversity of firms, learning mechanisms, age-dependent effects, and other important features of real-life economics. On the whole, an interest in evolutionary economics has brought considerable progress in the description and conceptualization of the sources, characteristics, direction and effects of technical change [125]. However, the modeling and control of technology lifetime under technical change has received rather little attention in mathematical economics in con trary to other aspects of technical progress. The lifetime of technologies has rarely been formally treated as a part of more general mathematical theory of economic dynamics. A problem which is still to be resolved consists in establishing the rational strategies of technologies' replacement under various assumptions on the behavior of technical change.

How long is Modeling and Optimization of the Lifetime of Technologies?

Modeling and Optimization of the Lifetime of Technologies by N.V. Hritonenko is 252 pages long, and a total of 63,504 words.

This makes it 85% the length of the average book. It also has 78% more words than the average book.

How Long Does it Take to Read Modeling and Optimization of the Lifetime of Technologies Aloud?

The average oral reading speed is 183 words per minute. This means it takes 5 hours and 47 minutes to read Modeling and Optimization of the Lifetime of Technologies aloud.

What Reading Level is Modeling and Optimization of the Lifetime of Technologies?

Modeling and Optimization of the Lifetime of Technologies is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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