Ellerman, David - In: Journal of Bioeconomics 16 (2014) 3, pp. 259-287
parallel experimentation is a fundamental dynamic efficiency scheme to enhance and accelerate variation, innovation, and … a valley of low fitness, and then ascend a higher fitness peak. The theme of parallel experimentation is used to recast … mechanism for the generation of new possibilities that is key to dynamic efficiency. My topic is the process of parallel …