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An investigation into the conditions conducive to the emergence of heterogeneity amoung agents is presented. This is done by using a model of creative artificial agents to investigate some of the possibilities. The simulation is based on Brian Arthurs `El Farol Bar model but extended so that the...
Persistent link: https://www.econbiz.de/10005518515
Imitation is fundamental in the understanding of social systems' dynamics. But the diversity of imitation rules employed by modelers proves that the modeling of mimetic processes cannot avoid the traditional problem of endogenization of all the choices, including the one of the mimetic rules....
Persistent link: https://www.econbiz.de/10005518667
The paper analyzes competition among supermarkets in Brazil. In contrast to part of the economic literature which suggests that the fast growth of big supermarket chains would destroy independent, medium and small supermarkets, the paper argues that big supermarket chains can coexist with...
Persistent link: https://www.econbiz.de/10005525127
Persistent link: https://www.econbiz.de/10005381640
minimum differentiation. In this sense Hotelling was right about differentiation of snob/congestion goods. …
Persistent link: https://www.econbiz.de/10005459275
We analyze credence goods markets in the case of two firms. Consumers know that the quality of the good varies but do not know which firm is of high quality. First, we show that the high quality producer may be unable to monopolize the market, or even to survive in some cases, in situations...
Persistent link: https://www.econbiz.de/10005464647
Using an empirically driven case study of the effects of the European Security Strategy of December 2003 this article assesses the trends and nature of European security regime building. In assessing EU security regime building it explores, first of all, a securitisation of the European agenda...
Persistent link: https://www.econbiz.de/10004969246
This article addresses the religious and entrepreneurial differentiation within Spanish Lookout, a Mennonite community …
Persistent link: https://www.econbiz.de/10004977405
activities that significantly contribute to strengthening its competitive advantage based on differentiation. The result would be …
Persistent link: https://www.econbiz.de/10011133320
from sociology in order to present their new theory of differentiation. However, they fail to properly theorize the … global governance and thereby, of world society, functional differentiation, advocated by the above authors as the …
Persistent link: https://www.econbiz.de/10011135667