Showing 1 - 10 of 13
We analyze in this article main determinants of technology dynamics in Tunisian manufacturing sectors. The data from the industrial survey provided by Ministry of Scientific Research, Technology and Competency Development (MSRTCD) for the period 2002-2004 is explored using regression trees and...
Persistent link: https://www.econbiz.de/10005697630
The aim of this paper is to present the theoretical literature dedicated to the analysis of the motivations and the determinants of firms\' technological innovations. To this end, we follow a strategy of presentation that starts with the simplest possible framework in which the innovation can...
Persistent link: https://www.econbiz.de/10008876701
This paper documents the relationship between appropriation instruments and the innovation activity and other determinants of the innovation behavior of firms in Tunisia. It focuses on studying the factors that determine the appropriation of innovation results like the value of sales of the...
Persistent link: https://www.econbiz.de/10010602391
Extensive exploration of simulation models comes at a high computational cost, all the more when the model involves a lot of parameters. Economists usually rely on random explorations, such as Monte Carlo simulations, and basic econometric modelling to approximate the properties of computational...
Persistent link: https://www.econbiz.de/10010575445
We propose an agent-based macroeconomic model (ABM) inspired by the New Keynesian general equilibrium model (NKM, Woodford 2003). We analyse the aggregate economic dynamics resulting from social learning of agents (households and firms). Households’ labour supply and consumption demand, as...
Persistent link: https://www.econbiz.de/10010579017
We study learning in the Kydland and Prescott environment. Our policy maker evaluates its potential strategies regarding the announced and the actual inflation rate using its mental model. This model is forward looking and adaptive at the same time. \r\nThere are two types of agents: Believers...
Persistent link: https://www.econbiz.de/10010752172
This article extends the industry dynamics model of Vallée & Yildizoglu (2006) in order to carry out a richer theoretical analysis of the consequences of a stronger patent system. This model explicitly takes into account the potentially positive effects of patents: publication of patents...
Persistent link: https://www.econbiz.de/10005741171
The modelling of networks formation has recently became the object of an increasing interest in economics. One of the important issues raised in this literature is the one of networks efficiency. Nevertheless, for non trivial payoff functions, searching for efficient network structures turns out...
Persistent link: https://www.econbiz.de/10005741181
Convergence to Nash equilibrium in Cournot oligopoly is a problem that recurrently arises as a subject of study in economics. The development of evolutionary game theory has provided an equilibrium concept more directly connected with adjustment dynamics and the evolutionary stability of the...
Persistent link: https://www.econbiz.de/10005697627
This paper investigates the performances of an inflation targeting regime in a learning economy, whose functioning is tackled through an Agent-Based Model (ABM). While the structure of our ABM has common features with that of the New Keynesian canonical modelling framework, we model individual...
Persistent link: https://www.econbiz.de/10010553274