framework of evolutionary competition between rational, myopic best-response and imitation heuristics with differential … heuristics' costs, we found that the equilibrium stability depends on the sign of the cost differential between the unstable … (imitation is more expensive than Cournot), complicated quantity fluctuations, along with the co-existence of heuristics, arise …

entrepreneurial activities. Researchers have identified several biases and heuristics employed by entrepreneurs, which significantly … context in which they operate. By analyzing the strengths and weaknesses of heuristics and biases within the context of risk …

Purpose Are there smart ways to find heuristics? What are the common principles behind heuristics? We propose an … integrative definition of heuristics, based on insights that apply to all heuristics, and put forward meta-heuristics for … discovering heuristics. Design/methodology/approach We employ Herbert Simon’s metaphor that human behavior is shaped by the …