Session on Theorizing and Modeling in Institutional Economics , Annual Meeting of the AFEE , January 3 of 2015

This paper investigates the consistency of agent-based computational models with the institutionalist research program as outlined by Myrdal, Wilber and Harrison, Hodgson and other institutionalists and discusses whether such models can be a useful heuristic for ”pattern modelling”. I study the ability of agent-based computational models to provide a… CONTINUE READING