@techreport{Safarzynska2008Evolutionary,
abstract = {In this paper we present an overview of methods and components of formal economic models employing evolutionary approaches. This compromises two levels: (1) techniques of evolutionary modelling, including multi-agent modelling, evolutionary algorithms and evolutionary game theory; (2) building blocks or components of formal models classified into core processes and features of evolutionary systems - diversity, innovation and selection - and additional elements, such as bounded rationality, diffusion, path dependency and lock-in, co-evolutionary dynamics, multilevel and group selection, and evolutionary growth. We focus our attention on the characteristics of models and techniques and their underlying assumptions.},
address = {Jena},
author = {Karolina Safarzynska and Jeroen C.J.M. van den Bergh},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {B52; C60; C73; 330; bounded rationality; evolutionary algorithms; evolutionary game theory; evolutionary growth; innovation; multilevel evolution; neo-Schumpeterian models.; Evolutions\"{o}konomik; Wirtschaftsmodell; Theorie},
language = {eng},
number = {0806},
publisher = {Max-Planck-Inst. f\"{u}r \"{O}konomik},
title = {Evolutionary modelling in economics: a survey of methods and building blocks},
type = {Papers on economics and evolution},
url = {http://hdl.handle.net/10419/31840},
year = {2008}
}
