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innovation. Our effort is trying to view the evolution of this artifact from memetics. By constructing a phylomemetic tree based …Cellular phone is one of the most developing technological artifacts today. The evolution occurs through random … algorithm to construct cellphone phylomemetic tree. Therefore we compare with the innovation tree, which is based on serial …
Persistent link: https://www.econbiz.de/10005412917
The author of this note takes it as self evident that prosperity and the provision of "things" (buildings, roads, furniture, furnishings, clothes, machines and equipment of all sorts) go together. The way people generally speak and act is in line with this view. If this is so, domestic...
Persistent link: https://www.econbiz.de/10005407637
single activity, and the seemingly simple question ‘how valuable is an ecosystem?’ can be interpreted in many different ways …, regional, or local level. (2) Determining the net benefits of interventions that alter ecosystem conditions. This question … an ecosystem, and why, can help to design more effective conservation approaches. From an equity perspective, the impact …
Persistent link: https://www.econbiz.de/10005118910
Agent-based computational economics (ACE) is the computational study of economies modeled as evolving systems of autonomous interacting agents. Starting from initial conditions, specified by the modeler, the computational economy evolves over time as its constituent agents repeatedly interact...
Persistent link: https://www.econbiz.de/10005076916
This research develops an evolutionary growth theory that captures the intricate time path of life expectancy in the process of development, shedding new light on the origin of the remarkable rise in life expectancy since the Agricultural Revolution. The theory argues that social, economic and...
Persistent link: https://www.econbiz.de/10005125645
This paper proposes an evolutionary betting mechanism that refers to scientists' academic reputation. The mechanism provides incentives for theoretical and empirical researchers to work on joint projects, thereby producing more general findings and stylized facts that can be used in giving...
Persistent link: https://www.econbiz.de/10005126068
and evolution of trade networks by means of real-time animations. Data tables and charts reporting descriptive performance …
Persistent link: https://www.econbiz.de/10005134562
We develop a general model of best response adaptation in large populations for symmetric and asymmetric conflicts with role-switching. For special cases including the classical best response dynamics and the symmetrized best response dynamics we show that the set of Nash equilibria is...
Persistent link: https://www.econbiz.de/10005062353
Evolutionary arguments are often used to justify the fundamental behavioral postulates of competive equilibrium. Economists such as Milton Friedman have argued that natural selection favors profit maximizing firms over firms engaging in other behaviors. Consequently, producer efficiency, and...
Persistent link: https://www.econbiz.de/10005062752
economic growth. The analysis focuses on recently advanced unified growth theories that capture the intricate evolution of … income per capita, technology, and population over the course of human history. Deciphering the underlying forces that …
Persistent link: https://www.econbiz.de/10005062763