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The topic of this paper is evolutionary-economic models and how they are implemented in a new, effective system for programming and simulating such models. The evolutionary-economics simulation models are exemplified by the Nelson and Winter family of models of Schumpeterian competition in an...
Persistent link: https://www.econbiz.de/10004977247
The cited paper uses Genetic Programming (GP) to simulate a well known coordination game, replicating some of the results observed in experiments. This short note suggests that the results presented in the paper cited in the title can be obtained in a much simpler way, due to the action of...
Persistent link: https://www.econbiz.de/10005032768