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A discussion is given of the problems involved in the formal modeling of the innovation process. The link between … innovation and finance is stressed. The nature of how the circular flow of funds is broken and the role of finance in evaluation …
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This is a survey and discussion of work covering both formal game theory and experimental gaming prior to 1991. It is a useful preliminary introduction to the considerable change and emphasis which has taken place since that time where dynamics, learning, and local optimization have challenged...
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