Ghana’s evolving protein economy

Business fluctuations in an evolving network economy

Evolving Business Centres in a Continental Economy:

Regional economic disparities are characteristic of Canada. Southern Ontario and Quebec have long been the home of many of the businesses that dominate the country’s economy, while business centres in the other regions of the country have played a lesser role in all but a few economic sectors. This paper studies the evolution of Canada’s system of business centres by contrasting the locational ...

The Economy as an Evolving Complex System

Business fluctuations and bankruptcy avalanches in an evolving network economy

We analyze the properties of a three-sector network economy characterized by credit relationships connecting downstream and upstream firms (inside credit) and credit relationships connecting firms and banks (outside credit). The network topology changes over time due to an endogenous process of partner selection (the preferred-partner choice rule). The output of simulations shows that a busines...

The Economy as an Evolving Complex System II

How does one instigate a scientific revolution, or more modestly, a shift of scientific paradigm? This must have been on the minds of the organizers of the two conferences "The Economy as an Evolving Complex System, I and II" and the research program in economics at the Santa Fe Institute documented in the present volume and its predecessor of ten years ago.(1) Their strategy might be reconstru...