This paper studies aggregate dynamics in a cobweb model where learning takes place through a selection mechanism, by which more successful firms are replicated at a higher rate. The structure of the model allows to characterize analytically the aggregate dynamics, and to compute the effect on...

Представлен бухгалтерский учет как комплексная, проблемно ориентированная наука, междисциплинарная область знаний, отражающая специфическими методами...

We present empirical evidence that long-term evolutionary dynamics fall into three distinct classes, depending on whether adaptive evolutionary activity is absent (class 1), bounded (class 2), or unbounded (class 3). These classes are defined using three statistics: diversity, new evolutionary...