The paper proposes an experimental setup to compare different representations of artificial adaptive agents (genetic algorithms, artificial neural networks, and classifier systems) and suggests some criteria to assess equivalence and robustness of performance. In economie theory, the use of...

The paper elaborates an agent based simulation model (ABSM) to explore the endogenous long-term dynamics of technological and structural change determined by Schumpeterian reactions to unexpected changes in the system that are made possible by the actual availability of Marshallian knowledge...

Economists lise different kinds of computer simulation. However, there is little attention on the theory of simulation, which is considered either a technology or an extension of mathematical theory or, else, a way of modelling that is alternative to verbal description and mathematical models....