Evolutionary Economics
Economic markets evolve through competition, innovation and consumer choice. My work develops evolutionary models of product diffusion, firm growth, stock markets, income distributions and technological change. The aim is to identify universal mechanisms that govern the dynamics of socioeconomic systems.
Example: The Growth Rate Distribution of Firms: A Dynamic Model
Example: The Return Distribution of Stocks: A Dynamic Model
Example: Gompertz Diffusion Model
Example: Evolutionary Model of Moore’s Law