Exploration, exploitation and adaptive rationality: the neo-Schumpeterian perspective

DOI10.1016/S1569-190X(02)00084-9zbMATH Open1011.68840OpenAlexW2065911748MaRDI QIDQ4800745FDOQ4800745

Authors: Jeho Lee, Young U. Ryu 

Publication date: 3 April 2003

Published in: Simulation Modelling Practice and Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s1569-190x(02)00084-9

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zbMATH Keywords

EvolutionInnovationSchumpeterian competitionExploration and exploitation

Mathematics Subject Classification ID

Computing methodologies and applications (68U99)

Cited In (1)

• Unfazed by both the bull and bear: strategic exploration in dynamic environments

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