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-sectoral heterogeneity. A major process of both catching-up and dying out occurs among the least efficient ones. Furthermore, we explore the …
Persistent link: https://www.econbiz.de/10010328412
This essay outlines the evolutionary research agenda thoroughly explored in its microeconomic aspects in the forthcoming Manual, The Foundations of Complex Evolving Economies. Part One: Innovation, Organization and Industrial Dynamics, Oxford University Press, 2023. But is there an...
Persistent link: https://www.econbiz.de/10014318959
We analyze the individual and macroeconomic impacts of heterogeneous expectations and action rules within an agent-based model populated by heterogeneous, interacting firms. Agents have to cope with a complex evolving economy characterized by deep uncertainty resulting from technical change,...
Persistent link: https://www.econbiz.de/10011789775
Persistent link: https://www.econbiz.de/10011300762
Persistent link: https://www.econbiz.de/10011806183
We analyze the individual and macroeconomic impacts of heterogeneous expectations and action rules within an agent-based model populated by heterogeneous, interacting firms. Agents have to cope with a complex evolving economy characterized by deep uncertainty resulting from technical change,...
Persistent link: https://www.econbiz.de/10011763035
on the relative impact of increasing returns and the degree of adopters heterogeneity. Second, the unlikely empirical …
Persistent link: https://www.econbiz.de/10005157575
Persistent link: https://www.econbiz.de/10012220580
This essay outlines the evolutionary research agenda thoroughly explored in its microeconomic aspects in the forthcoming Manual, The Foundations of Complex Evolving Economies. Part One: Innovation, Organization and Industrial Dynamics, Oxford University Press, 2023. But is there an...
Persistent link: https://www.econbiz.de/10013402021
shrinking, intra-sectoral heterogeneity. A major process of both catching-up and dying-out among the least effcient ones occurs …
Persistent link: https://www.econbiz.de/10010660246