This paper presents a general theory that aims at explaining timescales observed empirically in technology transitions and predicting those of future transitions. This framework is used further to derive a theory for exploring the dynamics that underlie the complex phenomenon of irreversible and path dependent price or policy induced efficiency changes. Technology transitions are known to follo...

This paper investigates how the level of coordination requirement affects the occurrence of bank runs as a result of pure coordination failures in controlled laboratory environments. We find that miscoordination-based bank runs can be observed when the coordination parameter, defined as the amount of coordination among depositors choosing to wait that is required for them to receive a higher pa...

The evolutionary approach called Scatter Search, and its generalized form called Path Relinking, have proved unusually effective for solving a diverse array of optimization problems from both classical and real world settings. Scatter Search and Path Relinking differ from other evolutionary procedures, such as genetic algorithms, by providing unifying principles for joining solutions based on g...

Abstract Levinthal’s (Evolutionary processes and organizational adaptation: a Mendelian perspective on strategic management. Oxford University Press, Oxford, 2021) book is not only helpful resource the many facets of adaptation, but also source inspiration that promises to revitalize research evolution. Taking from this book, I outline three topics may enrich management research: (1) treatment ...

Currently, an automated surface treatment or finishing (e.g., abrasive blasting, cleaning or painting) is performed in two consecutive steps: first processing by tool, second quality evaluation by sensor. Often, a finished surface has defects like areas not properly processed. This is caused by path inaccuracy or errors in tool deployment. The defected areas can be detected only during a subseq...

This paper addresses the problem of time-dependent shortest multimodal path in complex and large urban areas. This problem is one of the important and practical problems in several fields such as transportation, and recently attracts the research focus due to developments in new application areas. An adapted evolutionary algorithm, in which chromosomes with variable lengths and particularly def...

The goal of my PhD thesis is to develop an evolutionary tool, the evolutionary requirements analyser (ERA), for searching an optimal set of component combinations in the use of requirements engineering. The evolutionary tool is demonstrated in evolving system requirements, which are symbolised by the component-based approach. The chanlleges of this research are fourfold: the transformation of t...