First, what conditions, in terms of investment, demographic, and economic parameters, make a developing economy more or less prone to population overshoot and resource collapse?
This simplifies the analysis and is compatible with a common force control specification, where a fast response with zero overshoot is desirable.
As more firms are able to update their prices to reflect the disinflation, the money path overshoots the aggregate price level producing the boom.
Due to the obstacle avoidance goal, the robot turns rapidly to the right side, which invokes a large overshoot motion.
Because of this the potential for overshoot is always present and cannot be avoided unless the system is severely overdamped.
In the baseline, the old age dependency ratio increases from 40 % to 70 %, overshooting its asymptotic level from 2040 to 2090.
This bias results in a systematic range error; that is, the eyes tend to overshoot close targets and undershoot more distant targets.
This is not consistent with the results of the previous literature, which emphasized overshooting precisely because it created large output and employment effects of disinflation.
