This paper shows that price rigidity evolves in an economy populated by imperfectly rational agents who experiment with alternative rules of thumb. In the model, firms must set their prices in face of
Wenn ich es als Psychologe recht verstehe, sind Innovationen als Ursachen des technischen, wirtschaftlichen und sozialen Wandels ein zentrales Thema der evolutorischen Ökonomik. Diese mißtraut den in
All data and code necessary to replicate the results of the paper "Elements of an evolutionary approach to comparative economic studies: complexity, systemism, and path dependent development". For a m
ABSTRACT The paper presents the main lines of research followed by evolutionary models of endogenous growth. The authors intend to show how those approaches constitute a research program as an altern
ABSTRAC This paper intends to address an almost completely disregarded field in Neo-Schumpeterian Evolutionary economics: that of normative theory and competition policy issues. The amount of both mod