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We propose a disaggregated representation of production using an agent-based fund-flow model that emphasizes inefficiencies, such as factor idleness and production instability, and allows us to explore their emergence through simulations. The model incorporates productivity dynamics (learning...
Persistent link: https://www.econbiz.de/10015130162
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Persistent link: https://www.econbiz.de/10012316145
We propose a disaggregated representation of production using an agent-based fund-flow model that emphasizes inefficiencies, such as factor idleness and production instability, and allows us to explore their emergence through simulations. The model incorporates productivity dynamics (learning...
Persistent link: https://www.econbiz.de/10015076051
Persistent link: https://www.econbiz.de/10009303810