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The theory of drift (Binmore and Samuelson 1999) concerns equilibrium selection in which second-order disturbances may have first-order effects in the emergence of one equilibrium over the other. We provided experimental evidence with human players supporting the model in Caminati, Innocenti and...
Persistent link: https://www.econbiz.de/10010835981
This paper exploits recent contributions to the notions of modularity and autocatalytic sets to identify the functional and structural units that define the strongest systematic and self-sustaining channels of knowledge transfer and accumulation within the network of knowledge flows between...
Persistent link: https://www.econbiz.de/10014197010
A unifying formal classification of the different types of R&D growth models is used in this paper to discuss how they face with the fact that not only R&D employment, but also the R&D employment share has risen dramatically in the advanced countries over the last fifty years. Depending on the...
Persistent link: https://www.econbiz.de/10014115187
The theory of drift (Binmore and Samuelson 1999) concerns equilibrium selection in which second order disturbances may have first-order effects in the emergence of one equilibrium over the other. We provided experimental evidence with human players supporting the model in Caminati, Innocenti and...
Persistent link: https://www.econbiz.de/10005766554
This paper is concerned with the threads connecting Richard Goodwin's early formation as an Harvard undergraduate student in political science and philosophy, with his life-long concern with the modes in which novelty and innovation enters into social systems and modifies their working. We shall...
Persistent link: https://www.econbiz.de/10005766564
This paper suggests a knowledge based approach to the formation of collaboration networks in basic research. Though mainly focused on foundations, it provides the example of a set of knowledge distributions supporting effort allocations that are pairwise equilibria of the collaboration game....
Persistent link: https://www.econbiz.de/10008502708
This paper suggests a knowledge based approach to the formation of collaboration networks in basic research. Though mainly focused on foundations, it provides the example of a knowledge distribution supporting pairwise equilibrium outcomes which correspond to a star-like collaboration network.
Persistent link: https://www.econbiz.de/10008502747