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Persistent link: https://www.econbiz.de/10003388136
An interesting toy model has recently been proposed on Schumpeterian economic dynamics by Thurner {\it et al.} following the idea of economist Joseph Schumpeter. Punctuated equilibrium dynamics is shown to emerge from this model and some detail analyses of the time series indicate SOC kind of...
Persistent link: https://www.econbiz.de/10008777041