Bounded Rationality and Economic Evolution: some formal considerations
Keywords:
Saúde Pública, Crescimento, Destreza MotoraAbstract
Economic evolution is said to occur when economic structures change. In this paper we present a simple model of how evolutionary change may be caused when the agents have bounded rationality. Each agent has a model of the internal (and external) workings of the economy. This model consists of a limited vision of the economy. This restricted point of view can be formalized through economic ESO systems, which are basically cellular automata with endogenous rules of change that extend the notion of critically self-organized systems (SOC).
Downloads
Downloads
Published
Issue
Section
License
The submission of a manuscript authorizes its publication by the Brazilian Journal of Business Economics/Revista Brasileira de Economia de Empresas and implies that it refers to original work, which is not currently submitted to any other journal. It is forbidden any reproduction, partial or total, by any other media, either press or digital, of the published papers. In this case, previous and necessary authorization must be requested. In case it is obtained, one must include a formal acknowledgement to the BJBE/RBEE, which is the first publisher of the paper. The BJBE/RBEE does not pay any copyright to the authors of published papers.
Copyright and Licensing
The copyrighter of the BJBE/RBEE is the Editora Universa of the Universidade Católica de Brasília.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Submitting an article authorizes its publication and implies a commitment that the same material will not be submitted to another journal.
The journal does not pay royalties to the authors of published articles.
