OPTIMUM (Dynamic)
| Collection | International Encyclopedia of Systems and Cybernetics |
|---|---|
| Year | 2004 |
| Vol. (num.) | 2(2) |
| ID | ◀ 2371 ▶ |
| Object type | General information, Methodology or model |
In a growth process , the moment at which the growth coefficient reaches its maximum. (C. GINI, 1952, p. 18)
C. GINI, an Italian demographer, used the concept in the study of populations growth , specially as related to the logistic growth model introduced by P. VERHULST (1838)
Dynamic optimum is a fleeting moment, after which growth starts to loose momentum, due generally to negative feedbacks from the environment of the system. Such feedbacks are in fact a response of the environment to the pressure that the system exerts on it, as for example an excessive use of non-renewable (or even renewable) resources , or the environment saturation, as a receiver of the outputs of the system. This can be for instance market over-saturation due to excessive production, or poisoning of the environment by unassimilable waste .
The question as if a dynamic optimum could be improved, by which means, and at which costs, remains open.
See also
Growth (Logistic), Logistic equation