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Marshallian districts are locales that accomodate a large number of small firms producing similar goods to be exported and benefit from the accumulation of know-how associated with workers residing there. We study the making of such districts by assuming that the cost function of a firm is a...
Persistent link: https://www.econbiz.de/10005779620
This note exhibits sufficient conditions concerning the skills of old workers ruling out overaccumulation stationnary equilibria in an OLG model with productive capital.
Persistent link: https://www.econbiz.de/10005779646
when young through both learning-by-doing and formal education. We characterise the unique saddle-path stable steady state …
Persistent link: https://www.econbiz.de/10005779657
The aim of this paper is to set the foundation of an approach of the diffusion-adoption problem of an innovation or a technological standard, based on the building of influence matrixes. This means that agents are to be considered as participating in social networks that provide the support and...
Persistent link: https://www.econbiz.de/10005634437
We consider an economic system composed of interacting potential adopters of a technology. We build a model of interindividual influence effects in which part of the links can be negative, in a context of bounded rational choice. The article shows how the sole relationships topology on a network...
Persistent link: https://www.econbiz.de/10005479041
This paper analyses the evolution of trading relationships in a market in which trades take place bilaterally. Buyers reinforce their probability of visiting sellers as a function of the profitability of their past experience. Using the "mean field" approach it is shown that two distant types of...
Persistent link: https://www.econbiz.de/10005669421
conceived as influence effects and the network of interpersonal influences is learning step by step. The model entails the …
Persistent link: https://www.econbiz.de/10005669488
Persistent link: https://www.econbiz.de/10005207655
I apply three noncooperative models of coalition formation to a Cournot olygopoly. In each model, each firm has to choose the coalition it wants to belong to. But each of those models is characterised by a different assumption that defines what happens to a coalition from which one or more...
Persistent link: https://www.econbiz.de/10005779610
In this work, a new axiomatization of the Shapley value is presented. An associated game is constructed which can also be interpreted as a perturbation of the original game. We define a sequence of games, when the term of order n, in this sequence, is the associated game of the term of order (n-1).
Persistent link: https://www.econbiz.de/10005634335