Murat Yildizoglu

ETIC - October 1998

Outline:

1. Interdependance of technology decisions: main mechanisms
2. Modelling local interactions: tools
3. Application : N&W with local interactions

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• Introduction: a simple idea
• Basic mechanisms
  • Interactions in the basic Nelson and Winter model?
  • Sources of local interactions?
• Modelling local interactions
• Application: N&W with local interactions

General

Holland, J.H. (1996). Hidden Order. How Adaptation Builds Complexity. Reading (MA): Addison-Wesley. (Complex Adaptive Systems-CAS)

Rosenberg, N. (1972) Inside the Black Box: Technology and Economics, Cambridge: Cambridge University Press. (Technology Dynamics-TD)

Articles

Antonelli, C. (1997). The economics of path-dependence in industrial organization, International Journal of Industrial Organization, 15(6), 643-675. (TD)

Arthur, W.B. (1979). Competing Technologies, Increasing Returns and Lock-in by Small Historical Events. The Economic Journal, 99, 116--131. (TD)

Durlauf, S. (1991). Multiple Equilibria and Persistence in Aggregate Fluctuations. American Economic Review, 81, 70-74. (Diversity)

F�llmer, H. (1974). Random Economies with Many Interacting Agents. Journal of Mathematical Economics, 1, 51-62. (Diversity)

Foray, D. (1997). The dynamic implications of increasing returns: Technological change and path dependent inefficiency. International Journal of Industrial Organization, 15(6), 733-752. (TD)

Hraber, et al. (1996) The Ecology of Echo, Artificial Life. (CAS)

Jonard, N., and Yildizoglu, M. (1998). Sources of Technological Diversity. Strasbourg: mimeo, BETA. (Zipped Postscript) (TD + Diversity)

Kirman, A. (1992). Variety: the Coexistence of Techniques. Revue d'Economie Industrielle, 62-75. (Diversity)