In this paper, I elaborate on the role of agent-based (AB) modeling for macroeconomic
research. My main tenet is that the full potential of the AB approach has not been realized …

This paper extends the Marx-Keynes-Schumpeter model in Flaschel (2015) to study the
social dimension of climate change. Agents are divided between those supporting and those …

We investigate the relationship between chief executive officers'(CEOs) early-life exposure
to marketization transition and the research and development (R&D) intensity of Chinese …

We propose a discrete choice model of sustainable transitions from dirty to clean
technologies. Agents can adopt one technology or the other, under the influence of social …

To examine whether the low-carbon city pilot (LCCP) policy influences the green technology
innovation (GTI) or embodied technology introduction (ETI), two different pathways to green …

This paper tests the behavioral firm theory by examining exogenous economic shocks to
explore whether switching to an innovative strategy is always reasonable. A quasi …

We develop a cobweb model in which firms, facing a two-period production delay, have
access to a flexible (costly) and an inflexible (cheap) production technology. Moreover, firms …

In order to demonstrate that nonlinear tax systems may have surprising and potentially
undesirable side effects, we develop an evolutionary market entry model in which firms …

This paper offers an overview of the literature on the economic and financial applications of
theory of nonlinear dynamics, especially bifurcation theory. After a short introductory …

In this paper, we propose an evolutionary oligopoly game of technology adoption in a
market with isoelastic demand and two possible (linear) production technologies. While one …