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Which features did belong peculiarly to England so as to make it the only possible cradle of the Industrial Revolution? The present work shows that, by combining the effect of relative prices with the joint effect of scale economies and demand, it is possible to provide a purely economic...
Persistent link: https://www.econbiz.de/10009261149
The history of AI in economics is long and winding, much the same as the evolving field of AI itself. Economists have engaged with AI since its beginnings, albeit in varying degrees and with changing focus across time and places. In this study, we have explored the diffusion of AI and different...
Persistent link: https://www.econbiz.de/10012623983
For more than a decade now [i.e., ca. 1983], historians of technology in the United States have been engaged in a collective historiographic endeavor to generate a "conceptual framework" or set of "organizing themes" that would finally give some coherence to the history of technology as an...
Persistent link: https://www.econbiz.de/10014105391
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...
Persistent link: https://www.econbiz.de/10010390070
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...
Persistent link: https://www.econbiz.de/10010390395
Moore suggested an exponential growth of the number of transistors in integrated electronic circuits. In this paper, Moore’s law is derived from a preferential growth model of successive production technology generations. The theory suggests that products manufactured with a new production...
Persistent link: https://www.econbiz.de/10014147703