Matches in SemOpenAlex for { <https://semopenalex.org/work/W1599697912> ?p ?o ?g. }
Showing items 1 to 82 of
82
with 100 items per page.
- W1599697912 abstract "Building on some general properties of the empirical patterns of technological diffusion and innovation, the paper presents a simple model in which self-sustaining growth endogenously emerges as the result of imperfect coordination among stylized, boundedly rational, heterogeneous, firms locally interacting in an open-ended technological space and are able to modify the set of their 'nearest-neighbors'. We allow the system to be characterized by: (i) endless opportunities of introducing either 'incremental' or 'radical' innovations; (ii) path-dependency in learning achievements; (iii) dynamic increasing returns grounded upon collectively shared 'knowledge bases'. By means of extensive Montecarlo studies, we identify necessary conditions for patterns of persistently fluctuating exponential growth to be generated in the economy. We also investigate causal relationships between system/behavioral parameters tuning the sources of growth and: (a) the overall performance of the economy; (b) the emrgence of the exploitation-exploration trade-off; (c) the ability of the system to self-organize and generate GNP time-series of exponential grwth with small growth-rates long-run volatility and statistical properties similar to those exhibited by empirical observed ones. Finally, the effects of behavioral heterogeneity on aggregate outcomes are analyzed and a simple example is presented in which collective economic growth finds its necessary condition in the presence of a share of 'irrational' individuals in the population." @default.
- W1599697912 created "2016-06-24" @default.
- W1599697912 creator A5066582682 @default.
- W1599697912 date "2000-12-10" @default.
- W1599697912 modified "2023-09-27" @default.
- W1599697912 title "Endogenous Growth in Open-Ended Economies with Locally Interacting Agents" @default.
- W1599697912 hasPublicationYear "2000" @default.
- W1599697912 type Work @default.
- W1599697912 sameAs 1599697912 @default.
- W1599697912 citedByCount "1" @default.
- W1599697912 countsByYear W15996979122013 @default.
- W1599697912 crossrefType "posted-content" @default.
- W1599697912 hasAuthorship W1599697912A5066582682 @default.
- W1599697912 hasConcept C111472728 @default.
- W1599697912 hasConcept C136264566 @default.
- W1599697912 hasConcept C138885662 @default.
- W1599697912 hasConcept C139719470 @default.
- W1599697912 hasConcept C144024400 @default.
- W1599697912 hasConcept C149782125 @default.
- W1599697912 hasConcept C149923435 @default.
- W1599697912 hasConcept C162324750 @default.
- W1599697912 hasConcept C175444787 @default.
- W1599697912 hasConcept C190430219 @default.
- W1599697912 hasConcept C2524010 @default.
- W1599697912 hasConcept C2776943663 @default.
- W1599697912 hasConcept C2780310539 @default.
- W1599697912 hasConcept C2780586882 @default.
- W1599697912 hasConcept C2908647359 @default.
- W1599697912 hasConcept C33923547 @default.
- W1599697912 hasConcept C38935604 @default.
- W1599697912 hasConcept C41895202 @default.
- W1599697912 hasConcept C50522688 @default.
- W1599697912 hasConcept C91602232 @default.
- W1599697912 hasConcept C94931360 @default.
- W1599697912 hasConceptScore W1599697912C111472728 @default.
- W1599697912 hasConceptScore W1599697912C136264566 @default.
- W1599697912 hasConceptScore W1599697912C138885662 @default.
- W1599697912 hasConceptScore W1599697912C139719470 @default.
- W1599697912 hasConceptScore W1599697912C144024400 @default.
- W1599697912 hasConceptScore W1599697912C149782125 @default.
- W1599697912 hasConceptScore W1599697912C149923435 @default.
- W1599697912 hasConceptScore W1599697912C162324750 @default.
- W1599697912 hasConceptScore W1599697912C175444787 @default.
- W1599697912 hasConceptScore W1599697912C190430219 @default.
- W1599697912 hasConceptScore W1599697912C2524010 @default.
- W1599697912 hasConceptScore W1599697912C2776943663 @default.
- W1599697912 hasConceptScore W1599697912C2780310539 @default.
- W1599697912 hasConceptScore W1599697912C2780586882 @default.
- W1599697912 hasConceptScore W1599697912C2908647359 @default.
- W1599697912 hasConceptScore W1599697912C33923547 @default.
- W1599697912 hasConceptScore W1599697912C38935604 @default.
- W1599697912 hasConceptScore W1599697912C41895202 @default.
- W1599697912 hasConceptScore W1599697912C50522688 @default.
- W1599697912 hasConceptScore W1599697912C91602232 @default.
- W1599697912 hasConceptScore W1599697912C94931360 @default.
- W1599697912 hasLocation W15996979121 @default.
- W1599697912 hasOpenAccess W1599697912 @default.
- W1599697912 hasPrimaryLocation W15996979121 @default.
- W1599697912 hasRelatedWork W100461834 @default.
- W1599697912 hasRelatedWork W1497947933 @default.
- W1599697912 hasRelatedWork W1573104342 @default.
- W1599697912 hasRelatedWork W1578002035 @default.
- W1599697912 hasRelatedWork W1586185802 @default.
- W1599697912 hasRelatedWork W1600629322 @default.
- W1599697912 hasRelatedWork W2029852294 @default.
- W1599697912 hasRelatedWork W2063494567 @default.
- W1599697912 hasRelatedWork W2111921101 @default.
- W1599697912 hasRelatedWork W2152882593 @default.
- W1599697912 hasRelatedWork W2212631632 @default.
- W1599697912 hasRelatedWork W2233883396 @default.
- W1599697912 hasRelatedWork W2398483603 @default.
- W1599697912 hasRelatedWork W2794665626 @default.
- W1599697912 hasRelatedWork W2995144452 @default.
- W1599697912 hasRelatedWork W3123040009 @default.
- W1599697912 hasRelatedWork W3124150109 @default.
- W1599697912 hasRelatedWork W3139611288 @default.
- W1599697912 hasRelatedWork W3213582732 @default.
- W1599697912 hasRelatedWork W643662147 @default.
- W1599697912 isParatext "false" @default.
- W1599697912 isRetracted "false" @default.
- W1599697912 magId "1599697912" @default.
- W1599697912 workType "article" @default.