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Micro-Level Adaptation, Macro-Level Selection, and the Dynamics of Market Partitioning

This paper provides a micro-foundation for dual market structure formation through partitioning processes in marketplaces by developing a computational model of interacting economic agents. We propose an agent-based modeling approach, where firms are adaptive and profit-seeking agents entering into...

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Detalles Bibliográficos
Autores principales: García-Díaz, César, van Witteloostuijn, Arjen, Péli, Gábor
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2015
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4687648/
https://www.ncbi.nlm.nih.gov/pubmed/26656107
http://dx.doi.org/10.1371/journal.pone.0144574