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differences help also in in understanding ho individual learning and adaptation take place under different market architectures …. -- Fish markets ; market institutions ; aggregation ; learning …
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theme in Joe Stiglitz monumental work, namely, the analysis of economies characterised by persistent learning and … major themes, namely, the consequences of learning and dynamic increasing returns, and "Keynesian" coordination failures …
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This chapter reviews and integrates much of what has been learned on the processes of technological evolution, their main features, and their effects on the evolution of industries. First, we map and integrate the various pieces of evidence concerning the nature and structure of technological...
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differences help also in in understanding ho individual learning and adaptation take place under different market architectures …
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learning processes in economics. We argue that learning is an ubiquitous characteristic of most economic and social systems but … stemming from out-of-equilibrium interactions. We present, by means of examples, the most important classes of learning models … understand about learning...'. We put a signifiphasis on learning models in their bare-bone formal structure, but we also refer …
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