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Any decent model of economic praxis must included Feedback loops.  Feedback loops - of all kinds - affect agents and the Fitness Landscape over time.  While the specific effects are unpredictable the model qua model must include them to have a hope of accuracy.  

Temporal Logic, a branch of Modal Logic, exists to abstract the impossible, the possible, the necessary.  Such that:

P{x,y}

where y achieves, gains, or has the P referent through Time via x and P is a quality or a quantity - All XOR Some XOR None. If we get lucky, the quantity maybe first order - 'a' number assigned to 'a' variable, tho' it's much more likely to be a second or greater order quantity, such as a Complex Number, or a series of mathematical statements grouped into inter-related families of mathematical statements.    

One result of this, using the Lowenheim-Skolem Theorem, is the (potential and unpredictable) bifurcation of model functions from D -> T to D -> T' where T' is who-the-hell-knows-what.  ;-)  One known occurance of this is the transformation, in Catastrophe Theory, of control to state or state to control variable(s).  Time, then, can become a control variable in certain of these transformations.

Modeling (certain) Feedback Loops, therefore, we have to acknowledge the potential for Time to 'jump' between playing a role as a control or as a state variable leading to qualitative change of of the Fitness Landscape.

Note:  I am not saying Time isn't constant.  That would be ... weird.  

Och nu den svenska kocken bakar en Alaskan älg jägare. Bonk! Bonk! Bonk!

by ATinNM on Fri Jun 16th, 2006 at 11:41:06 AM EST
[ Parent ]
You still owe us a diary explaining exactly what you're going on about.

I hate temporal logic. Nasty icky stuff.

by Colman (colman at eurotrib.com) on Fri Jun 16th, 2006 at 12:03:42 PM EST
[ Parent ]
Chortle

It's just another dimension.  What are we up to now?  18 +/-?

I know I owe the diary and I plan on finishing it Real Soon Now.  Any day.  

yup, yup, yup.

Of course if I tell you, you'll tell Migeru, he'll tell Sven, and pretty soon today will be tomorrow and yesterday will have had been next month.  8^p

Och nu den svenska kocken bakar en Alaskan älg jägare. Bonk! Bonk! Bonk!

by ATinNM on Fri Jun 16th, 2006 at 08:52:51 PM EST
[ Parent ]
I don't mind the extra dimension: I tend to regard anything ordered set with a bottom element as time-like (technically any downclosed topology).
by Colman (colman at eurotrib.com) on Sat Jun 17th, 2006 at 10:59:51 AM EST
[ Parent ]
Just a bottom element, or do you require an infimum function?

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Sat Jun 17th, 2006 at 11:28:45 AM EST
[ Parent ]
Congratulations: your comment here is now the #10 Google hit for "infimum function".

Words and ideas I offer here may be used freely and without attribution.
by technopolitical on Tue Jun 27th, 2006 at 12:53:11 AM EST
[ Parent ]
You've got to be kidding me.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Tue Jun 27th, 2006 at 03:02:31 AM EST
[ Parent ]
I try to stay away from analytical Topology by deploying Fuzzy Logic in a non-Boolean Decision Space:  I Don't Care.

(laughing)


Och nu den svenska kocken bakar en Alaskan älg jägare. Bonk! Bonk! Bonk!

by ATinNM on Sat Jun 17th, 2006 at 11:56:26 AM EST
[ Parent ]

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