Showing 211 - 220 of 224
Purpose – The purpose of the paper is to present an integrated approach concerning intertemporal choices and the location of economic activity under a simple endogenous growth model. The idea is that time analysis concerning the choices about present and future consumption and the choices on...
Persistent link: https://www.econbiz.de/10015013565
Purpose – This paper seeks to explain how inefficient learning rules may lead to a perception of economic and ecological realities that may be systematically distorted in the long run. Design/methodology/approach – The paper evaluates long‐term growth in standard growth‐pollution models....
Persistent link: https://www.econbiz.de/10015005900
The aim of this paper is to provide a starting point for the building of practical policy simulation models using ideas from evolutionary economics.
Persistent link: https://www.econbiz.de/10004971296
The aim of this paper is to explain patterns of household income within an urban area. A particular pattern common to US cities is for a concentration of the poor in the inner city, with higher-income households farther out, and then lower-income households even farther out. It is the...
Persistent link: https://www.econbiz.de/10004971297
<p> The aim is to provide a critical evaluation of the book entitled 'Time, Strategies, Innovation and Environmental Policy' and edited by Christian Sartorius and Stefan Zundel. </p><p> The main emphasis is on the theoretical work developed in the book rather than the empirical part. Indeed twelve case...</p>
Persistent link: https://www.econbiz.de/10004971298
There are three different <i>symbol systems</i> available to social scientists: the familiar verbal argumentation and mathematics, but also a third way, computer simulation. Computer simulation, or computational modeling involves representing a model as a computer program. The key question is: What...
Persistent link: https://www.econbiz.de/10004971299
This paper models adaptive learning behavior in a simple coordination game that Van Huyck, Cook and Battalio (1994) have investigated in a controlled laboratory setting with human subjects. We consider how populations of artificially intelligent players behave when playing the same game. We use...
Persistent link: https://www.econbiz.de/10004971300
Industrial districts are complex systems based on an evolutionary network of interactions among heterogeneous, functionally integrated, complementary and localised firms. The paper describes an agent-based model that allows to investigate some theoretical hypotheses on the relation among...
Persistent link: https://www.econbiz.de/10004977245
This paper studies the dynamic and equilibrium-selecting behavior of a multi-agent system consisting of adaptive bargaining agents. We model an adaptive agent as a collection of strategies which is optimized by an evolutionary algorithm (EA). EAs are stochastic search methods based upon the...
Persistent link: https://www.econbiz.de/10004977246
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