We propose a framework in order to econometrically estimate case-based learning and apply it to empirical data from twelve 2 × 2 mixed strategy equilibria experiments. Case-based learning allows agents to explicitly incorporate information available to the experimental subjects in a simple,...

We show how to use field‐programmable gate arrays (FPGAs) and their associated high‐level synthesis (HLS) compilers to solve heterogeneous agent models with incomplete markets and aggregate uncertainty (Krusell and Smith (1998)). We document that the acceleration delivered by one single FPGA...

Objective: The objective of the article is to present the concept of evolutionary algorithms and indicates the possibility of their implementation for the needs of the economy, especially the entrepreneurial economy. Research Design & Methods: This conceptual article relies on literature review...

This paper describes a method for solving heterogeneous agent models with aggregate risk and many idiosyncratic states formulated in discrete time. It extends the method proposed by Reiter (2009) and complements recent work by Ahn, Kaplan, Moll, Winberry, and Wolf (2017) on how to solve such...

This paper reports on a systematic literature review of 14 empirical studies which address various aspects of platform economy with the application of the non-parametric DEA methodology. This review aimed to present the different aspects of efficiency evaluation of platform economy-based...

This text presents a brief discussion on the ways in which racism spreads in Brazil, and on the reasons that make racial discrimination an extremely serious problem with implications for health, the economy, general well-being and democracy in our country. Recently, literature has treated racism...

This short paper explains the theory of path dependence and clarifies its relation to concepts such as positive feedback or lock-in, arguing that path dependence is a core theoretical element of political economy in general, and institutional and evolutionary economics in particular. We first...

This entry discusses the concept of "systemism", elaborates how it implicitly underpinned most seminal works of evolutionary-institutional economics, and explains how future research would benefit from making the systemist nature of evolutionary economics more explicit. More precisely, the paper...

The need to align the strategies of the organization with the new information technologies had been imposed by the development of these last. One of the approaches that makes it possible such alienation is the Enterprise Architecture Approach (AE). To implement an AE project, it is necessary to...

Background: This paper develops a game theoretic model that analyses the dynamics of competition among the leading domestic aviation firms in the Nigerian aviation industry. It probes the abilities of the prisoner dilemma to describe the subjective behaviour of the firms, which provide a...