We develop a model for the evolution of economic entities within a geographical type of framework. On a square symmetry lattice made of three (economic) regions, firms, described by a scalar fitness, are allowed to move, adapt, merge or create spin-offs under predetermined rules, in a space- and...

We study the growth of networks from a set of isolated ground nodes by the addition of one new node per time step and also of a fixed number of directed edges leading from the new node to randomly selected nodes already in the network. A fixed-width time window is used so that, in general, only...

In order to explore further the underlying mechanism of scale-free networks, we study stochastic secession as a mechanism for the creation of complex networks. In this evolution the network growth incorporates the addition of new nodes, the addition of new links between existing nodes, the...

We study network growth from a fixed set of initially isolated nodes placed at random on the surface of a sphere. The growth mechanism we use adds edges to the network depending on strictly local gain and cost criteria. Only nodes that are not too far apart on the sphere may be considered for...

The author argues that it is microeconomics that needs foundations, not macroeconomics. Preferences need to be built on biology, and, in particular, on neuroscience. In contrast, macroeconomics could benefit from rationalizations of aggregate economic phenomena by non-equilibrium statistical...

I argue that it is microeconomics that needs foundations, not macroeconomics. Preferences need to be built on biology, and, in particular, on neuroscience. In contrast, macroeconomics could benefit from rationalizations of aggregate economic phenomena by non-equilibrium statistical physics.

The authors propose a new method for estimating the power-law exponents of firm size variables. Their focus is on how to empirically identify a range in which a firm size variable follows a power-law distribution. On the one hand, as is well known a firm size variable follows a power-law...