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We consider an economic system composed of interacting potential adopters of a technology. We build a model of interindividual influence effects in which part of the links can be negative, in a context of bounded rational choice. The article shows how the sole relationships topology on a network...
Persistent link: https://www.econbiz.de/10005479041
conceived as influence effects and the network of interpersonal influences is learning step by step. The model entails the …
Persistent link: https://www.econbiz.de/10005669488
The aim of this paper is to lay the foundations of a social influence based approach for the diffusion of an innovation or a technological standard.
Persistent link: https://www.econbiz.de/10005779639
The aim of the article is to link the formation of influence networks with the long run coexistence of technologies. In the spirit of Plouraboue et al. (1998), we postulate that potential adopters of a technology are situated in a social network. In our model, initial relations are partly...
Persistent link: https://www.econbiz.de/10005669482
or a technological standard. A model built on the principles of a neural network is proposed and a learning procedure is … histories, Referring to the concept of criticality developed by physicists, it shall be shown that learning, in a social … structure, can lead the network to a critical state, called 'learning induced criticality, where some agents are able to exert a …
Persistent link: https://www.econbiz.de/10009200547
Provides some theoretical developments on the topic of the performativity of economics. …
Persistent link: https://www.econbiz.de/10005081419
connection between Menger's 19th century theory of goods and 20th century learning theories is established. The problem of how to … get from individual learning processes to aggregate consumption patterns is approached by recollecting the genetic … underpinnings of human learning and its contingency on certain physical and social conditions. Taking into account that these …
Persistent link: https://www.econbiz.de/10010266740
connection between Menger's 19th century theory of goods and 20th century learning theories is established. The problem of how to … get from individual learning processes to aggregate consumption patterns is approached by recollecting the genetic … underpinnings of human learning and its contingency on certain physical and social conditions. Taking into account that these …
Persistent link: https://www.econbiz.de/10005247902
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 …
Persistent link: https://www.econbiz.de/10010390070
features of the so-called knowledge-based economy are connected with the increasing use of information and communication …
Persistent link: https://www.econbiz.de/10010659987