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In situations of what we now describe as radical uncertainty, the core model of agent behaviour, of rational autonomous agents with stable preferences, is not useful. Instead, a different principle, in which the decisions of an agent are based directly on the decisions and strategies of other...
Persistent link: https://www.econbiz.de/10011387740
Econophysics has already made a number of important empirical contributions to our understanding of the social and economic world. These fall mainly into the areas of finance and industrial economics, where in each case there is a large amount of reasonably well-defined data. More recently,...
Persistent link: https://www.econbiz.de/10009482163
Several recent comparative studies have shown a labour productivity gap in respect of UK retailing when compared with other countries, notably France and the USA. This article seeks to identify, through an overview of existing data and related research, the extent to which retail productivity in...
Persistent link: https://www.econbiz.de/10011426503
In situations of what we now describe as radical uncertainty, the core model of agent behaviour, of rational autonomous agents with stable preferences, is not useful. Instead, a different principle, in which the decisions of an agent are based directly on the decisions and strategies of other...
Persistent link: https://www.econbiz.de/10011279469
Persistent link: https://www.econbiz.de/10012089088
Persistent link: https://www.econbiz.de/10000041092
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Persistent link: https://www.econbiz.de/10001346984