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Industrial Districts (IDs) are complex productive systems based on an evolutionary network of heterogeneous, functionally integrated and complementary firms, which are within the same market and geographical space. Setting up a prototype, able to reproduce an idealised ID, we model cognitive...
Persistent link: https://www.econbiz.de/10005518586
This paper investigates the relevance of reputation to improve the explorative capabilities of agents in uncertain environments. We have presented a laboratory experiment where sixty-four subjects were asked to take iterated economic investment decisions. An agent-based model based on their...
Persistent link: https://www.econbiz.de/10008520795
The Economics of Happiness already recognizes how procedures affect the evaluation of outcomes, although this has only been looked at within the standard framework of substantial rationality. This paper aims to go beyond that kind of approach by linking happiness and procedural rationality,...
Persistent link: https://www.econbiz.de/10008555431
Persistent link: https://www.econbiz.de/10014228483
Persistent link: https://www.econbiz.de/10014228502