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dc.contributor.authorSafarzynska, Karolinaen_US
dc.contributor.authorvan den Bergh, Jeroen C.J.M.en_US
dc.date.accessioned2008-07-23en_US
dc.date.accessioned2010-05-14T11:16:39Z-
dc.date.available2010-05-14T11:16:39Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/31840-
dc.description.abstractIn 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.en_US
dc.language.isoengen_US
dc.publisherMax-Planck-Inst. für Ökonomik Jenaen_US
dc.relation.ispartofseriesPapers on economics and evolution 0806en_US
dc.subject.jelB52en_US
dc.subject.jelC60en_US
dc.subject.jelC73en_US
dc.subject.ddc330en_US
dc.subject.keywordbounded rationalityen_US
dc.subject.keywordevolutionary algorithmsen_US
dc.subject.keywordevolutionary game theoryen_US
dc.subject.keywordevolutionary growthen_US
dc.subject.keywordinnovationen_US
dc.subject.keywordmultilevel evolutionen_US
dc.subject.keywordneo-Schumpeterian models.en_US
dc.subject.stwEvolutionsökonomiken_US
dc.subject.stwWirtschaftsmodellen_US
dc.subject.stwTheorieen_US
dc.titleEvolutionary modelling in economics: a survey of methods and building blocksen_US
dc.typeWorking Paperen_US
dc.identifier.ppn572410271en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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