An Evolutionary Agent-based simulation model for the industry life cycle

Arbeitspapier

In contrast to the usual approach taken in the literature, in which an Industry Life Cycle (ILC) is reproduced by aggregate functions, the model of this paper generates a self-organizing ILC. A general evolutionary agent-based simulation model is developed that can be adapted for specific branches of industry. The results enable conclusions to be drawn for competition policy with regard to the workability of competition in the various phases of the ILC.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Dresden Discussion Paper Series in Economics ; No. 10/08

Classification and Topics

• Classification: Wirtschaft ; Market Structure, Firm Strategy, and Market Performance: General ; Production, Pricing, and Market Structure; Size Distribution of Firms ; Microeconomic Analyses of Economic Development
• Subject: Industry Life Cycle ; Agent-Based Simulation Model ; Evolutionary Economics ; Lebenszyklus ; Industrie ; Agent-based Model ; Simulation ; Evolutionsökonomik ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Lehmann-Waffenschmidt, B. Cornelia
• Event: Veröffentlichung
• (who): Technische Universität Dresden, Fakultät Wirtschaftswissenschaften
• (where): Dresden
• (when): 2008

Further information

• Handle: http://hdl.handle.net/10419/36506
• Last update: 10.03.2025, 11:41 AM CET