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How do entrepreneurs know what to do? : learning and organizing in new ventures

Aldrich, Howard E.; Yang, Tiantian - In: Journal of evolutionary economics : JEE 24 (2014) 1, pp. 59-82

Persistent link: https://www.econbiz.de/10010235294

Satisficing in time-sensitive bandit learning

Russo, Daniel; Van Roy, Benjamin - In: Mathematics of operations research 47 (2022) 4, pp. 2815-2839

Persistent link: https://www.econbiz.de/10014311390

Some evolutionary foundations for price level rigidity

Saint-Paul, Gilles - 2002

This paper shows that price rigidity evolves in an economy populated by imperfectly rational agents who experiment with alternative rules of thumb. In the model, firms must set their prices in face of aggregate demand shocks. Their payoff depends on the level of aggregate demand, as well as on...

Persistent link: https://www.econbiz.de/10011409938

Evolutionary dynamics in multitasking environments

Sawa, Ryoji; Zusai, Dai - In: Journal of economic behavior & organization : JEBO 166 (2019), pp. 288-308

Persistent link: https://www.econbiz.de/10012149059

Genetic learning as an explanation of stylized facts of foreign exchange markets

Lux, Thomas; Schornstein, Sascha - 2002

equilibrium dynamics resulting from this learning process helps to explain the main stylized facts of free-floating exchange rates … the number of agents (not more than about 1000). With a larger population, this collective learning dynamics looses its …

Persistent link: https://www.econbiz.de/10010295111

Genetic learning as an explanation of stylized facts of foreign exchange markets

Lux, Thomas; Schornstein, Sascha - 2003

equilibrium dynamics resulting from this learning process helps to explain the main stylized facts of free-floating exchange rates …) and the number of agents (not more than about 1000). With a larger population, this collective learning dynamics looses …

Persistent link: https://www.econbiz.de/10010295196