Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica: Oct, 1950, Volume 18, Issue 4

An Electro-Analog Method for Investigating Problems in Economic Dynamics: Inventory Oscillations<313:AEMFIP>2.0.CO;2-Q
p. 313-328

N. F. Morehouse, R. H. Strotz, S. J. Horwitz

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.

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