The paper discusses some fundamental features of the 'Simonian' research program in microeconomics and compare them with two streams of thought which find their roots into Simon's pathbreaking work since the '50s and '60s, namely Transaction Cost Economics and Evolutionary Economics. One argues...

In this work, inspired by Winter (2006), in fact of vintage 1968, we discuss the relation between three different levels of analysis of technologies, namely as (i) bodies of problem-solving knowledge, (ii) organizational procedures, and (iii) input-output relations. We begin by arguing that the...

This paper presents a critical overview of some recent attempts at building formal models of organizations as information-processing and problem-solving entities. We distinguish between two classes of models according to the different objects of analysis. The first class includes models mainly...

This work builds upon some long-term secular regularities concerning the relation between consumption of energy, technological progress and economic growth and reassesses the old question raised around forty years ago in the limits to growthʺ discussion (Meadows et al. [1972]), namely are the...

In this work, we present an assessment of the nature and impact of current "globalizing" tendencies at various levels of observation. The evidence in this respect suggests that it has mostly concerned financial flows (especially short-term ones); to some extent trade flows; and only to very...

The paper compares the properties of market dynamics, under different trading protocols. At an empirical level, we present some evidence stemming from the comparison between different intra-daily trade regimes within the world largest Stock Exchanges. Such evidence also motivates the...

The paper presents a model of endogenous growth in which firms are modeled as boundedly-rational, locally interacting, agents. Firms produce a homogeneous good employing technologies located in an open-ended technological space and are allowed to either imitate existing, similar practices or to...