Marcus Rubin and Ray Richardson
Ashgate
Hardback
178
1997
Taking the seminal work of Nelson and Winter as the point of departure this book presents a computer simulation model of artificial economic evolution allowing the author to track the development of industry structure and welfare in an economic system populated by such R&D driven boundedly rational firms.
Ashgate
Hardback
178
1997
Taking the seminal work of Nelson and Winter as the point of departure this book presents a computer simulation model of artificial economic evolution allowing the author to track the development of industry structure and welfare in an economic system populated by such R&D driven boundedly rational firms.