This chapter pleads for more inspiration from human nature, in agent-based modeling. As an illustration of an effort in that direction, it summarizes and discusses an agent-based model of the build-up and adaptation of trust between multiple producers and suppliers. The central question is...

This paper uses a cognitive theory of firms and organizations, with a focus on learning and innovation. Here, cognition is a wide notion, including value judgments and corresponding feelings and emotions. This paper focuses on the relation between that cognitive theory and Penrose's theory of...

This chapter explains and employs a constructivist, interactionist theory of knowledge that has come to be known as the perspective of 'embodied cognition'. That view has roots in earlier developmental psychology, and in sociology, and more recently has received further substance from neural...

This paper reconstructs the long-term development of retailing, including industrial, economic and social antecedents and consequences.Among other things, it includes innovation in the form of the emergence and diffusion of successive novel types of shop (including self-service), relations...

This article employs Agent-Based Computational Economics (ACE) to investigate whether, and under what conditions, trust is viable in markets.The emergence and breakdown of trust is modeled in a context of multiple buyers and suppliers.Agents develop trust in a partner as a function of observed...