XECON: An Experimental / Evolutionary Model of Economic Growth - ARCHIVED

Articles and reports: 11F0019M1995067

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The role of technical innovation in economic growth is both a current matter of keen public policy interest, and active exploration in economic theory. However, formal economic theorizing is often constrained by considerations of mathematical tractability. Evolutionary economic theories which are realized as computerized microsimulation models offer significant promise both for transcending mathematical constraints and addressing fundamental questions in a more realistic and flexible manner. This paper sketches XEcon, a microsimulation model of economic growth in the evolutionary tradition.

Issue Number: 1995067
Author(s): Wolfson, Michael
FormatRelease dateMore information
PDFJune 30, 1995

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