This chapter discusses the potential of the agent-based computational economics approach for the analysis of processes …

steady state. This out-of-equilibrium approach is not a minor adjunct to standard economic theory; it is economics done in a …Standard neoclassical economics asks what agents' actions, strategies, or expectations are in equilibrium with … (consistent with) the outcome or pattern these behaviors aggregatively create. Agent-based computational economics enables us to …

The paper discusses recent trends in the sister sciences of evolutionary economics and complexity economics. It … suggests that a unifying approach that marries the two strands is needed when reconstructing economics as a science capable of …

This work presents the evolutionary growth theory, which studies the drivers and patterns of technological change and …