Agent-based simulations have become increasingly prominent in various disciplines. This
trend is positive, but it comes with challenges: while there are more and more standards for …

Uncertainty, where we do not know the likelihood of future events, dominates our world. This
article examines how economics as a profession and discipline can address uncertainty …

This essay is an interpretative survey that explores the post-socialist transformation in
Eastern Europe and the former Soviet Union (EE&fSU) from a neo-Schumpeterian …

Real-world economies are open-ended dynamic systems consisting of heterogeneous
interacting participants. Human participants are decision-makers who strategically take into …

I investigate the consistency of agent-based computational models with the institutionalist
research program as outlined by Myrdal, Wilber and Harrison, Hodgson and others. In …

The accumulation of new technological capabilities is of high empirical relevance, both for
the development of countries and the business success of firms. This paper aims to …

Constructs and indicators are central to the efforts of many researchers who seek to build
and test theories and articulate rich narratives about real-world phenomena. For this reason …

Analyzing economic systems from an evolutionary-institutional or a complexity perspective
are two complementary approaches to economic inquiry. I discuss three arguments in favor …

В последние годы появилось много работ, посвященных вопросам интеграции старого
и нового экономического институционализма. В статье оценивается возможность …

We argue that building agent-based and equation-based versions of the same theoretical
model is a fruitful way of gaining insights into real-world phenomena. We use the …