Interaction among autonomous decision-makers is usually modelled in economics in game-theoretic terms or within the framework of General Equilibrium. Game-theoretic and General Equilibrium models deal almost exclusively with the existence of equilibria and do not analyse the processes which...

The level and nature of complexity is widely regarded as an important determinant of a number of economic, technological and organizational phenomena. A popular modeling tool for the representation of complexity in economics and organizational sciences is the NK model that represents the...

The paper is based on the acknowledgement that properties of markets stemming from features of demand are too frequently overlooked in the economic literature, particularly among evolutionary scholars. The overall goal is to show that “demand matters” to understand properly observed...