Titlebook: An Agent-Based Model of Heterogeneous Demand; Matthias Müller Book 2017 Springer Fachmedien Wiesbaden GmbH 2017 Innovation.Networks.Simula

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Matthias MüllerAn in-silicio model of innovation and demand.Includes supplementary material:

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https://doi.org/10.1007/978-3-642-91249-8Today, the word innovation is something everybody knows. It is one of those buzz words which one encounters in many different ways and occasions. Firms advertise even slight changes as brand new innovations and are never tired of emphasising their innovative behaviour.

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Introduction,Today, the word innovation is something everybody knows. It is one of those buzz words which one encounters in many different ways and occasions. Firms advertise even slight changes as brand new innovations and are never tired of emphasising their innovative behaviour.

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Networks of Heterogeneous Agents,of innovation processes. However, the baseline model shown in chapter 4 still over simplifies the capabilities and the behaviour of consumers in various ways. Following the idea of . (see also chapter 2.2) we have to look at the social and economic interactions within the populations of heterogeneous actors.

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Bounded Morality of Consumers,ant to include possible negative characteristics of products with no direct or only indirect influence on the consumer into their consideration or not. The aim of this chapter is to apply the simulation model of the previous chapters for the analysis of ..

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Discussion and Further Research Avenues,as got so little attention. In the tradition of Schumpeter, today’s research focus of evolutionary and neo-Schumpeterian economists still lies on the supply side and, thus, on firms. At the very heart of evolutionary economics lies the abandonment of restrictive assumptions and equilibrium oriented frameworks.