Computational Model Library

Micro-level Adaptation, Macro-level Selection, and the Dynamics of Market Partitioning

Cesar Garcia-Diaz | Published Mon Oct 19 22:49:01 2015 | Last modified Mon Oct 19 22:56:39 2015

This model simulates the emergence of a dual market structure from firm-level interaction. Firms are profit-seeking, and demand is represented by a unimodal distribution of consumers along a set of taste positions.

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