This paper presents and discusses the methodological rationale, the basic structure and some first results of a new approach to the analysis of processes of industry evolution: "history-friendly" models, concerning the history of the computer industry. The specific purpose of this paper is to...

Sequestration of carbon has gained increased attention in recent years because of environmental and economic motives. This study examined the economic feasibility of using reduced-tillage (RT) and notillage (NT) rather than conventional-tillage (CT) to sequester soil carbon with the use of...

Costs and net returns for conventional tillage (CT), reducedtillage (RT) and no-tillage (NT) are evaluated for five cropping systems: continuous soybean, a soybean-grain sorghum rotation, a soybean-wheat rotation, continuous grain sorghum and continuous wheat, over a period of increasing input...

This paper proposes that economic development can fruitfully be understood as an evolutionary process, in the sense that it involves the introduction to the economy of many new ways of doing things, a good portion of which fail, with the ones that survive providing the basis for the next round...

This paper aims to put together two strands of economic analysis. One is concerned with technological progress as the key driving force behind economic development. The other is concerned with the role of institutions in shaping economic activity, and with how institutions change in the process...