In his seminal article Economic Action and Social Structure: The Problem of Embeddedness Granovetter argued that economic action is embedded in social relations and structures that affect its functioning, and that economic action should be analyzed as such. In theories of the business firm the...

In evolutionary economics the firm is the sole locus of economic and technological change, and only little is said about the analytical importance of economic relationships. An emerging theme in the fields of economic sociology, however, is the idea that economic activities are embedded in...

This paper develops and analyses a dynamic model, which combines both the adoption and the industry evolution theories. We model the decision of adoption, learning entry and exit of firms. These decisions depend on the interaction of technology characteristics (effectiveness, machinery and...

This essay aims at analyzing the factors which are strategic for the performance of firms in knowledge based economies. The essay follows a theoretical perspective along the Schumpeterian tradition, but different from mainstream economics. The theoretical literature on the economics of...

This paper argues on behalf of a public pedagogy approach to developing a critical understanding of digital health technologies. It begins by appraising the hitherto polarised articulations of digital innovation as either techno-utopian or techno-dystopian, examining these expectations of...

When playing violent video games, aggressive actions are performed against the background of an originally neutral environment, and associations are formed between cues related to violence and contextual features. This experiment examined the hypothesis that neutral contextual features of a...

Inductive Logic Programming considers almost exclusively universally quantied theories. To add expressiveness, prenex conjunctive normal forms (PCNF) with existential variables should also be considered. ILP mostly uses learning with refinement operators. To extend refinement operators to PCNF,...

Consumer review websites leverage the wisdom of the crowd, with each product being reviewed many times (some with more than 1,000 reviews). Because of this, the way in which information is aggregated is a central decision faced by consumer review websites. Given a set of reviews, what is the...

We study third-degree price discrimination in the presence of uninformed buyers who extract noisy information from observing prices. In a noisy learning environment, price discrimination can be detrimental to the firm and beneficial to the consumers. On the one hand, discriminatory pricing...

This paper deals with artificial agents buying and selling products in a virtual market of goods that may be substituted for each other. On the demand side the market features a homogenous group of agents whose dynamics are determined by three different scenarios. The supply side, on the other...