Statistical model checking reproduces key stylized facts of the Island Model with confidence intervals, confirms moderate exploration rates are optimal, and enables counterfactual sensitivity analysis across parameters.
March (1991): Exploration and Exploitation in Organizational Learning
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Central positions in innovation networks lead firms to pursue more exploratory technological search and broader portfolios, producing measurable productivity gains.
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Statistical Model Checking of the Island Model: An Established Economic Agent-Based Model of Endogenous Growth
Statistical model checking reproduces key stylized facts of the Island Model with confidence intervals, confirms moderate exploration rates are optimal, and enables counterfactual sensitivity analysis across parameters.
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From centrality to productivity: How firms reconfigure technological search in innovation networks?
Central positions in innovation networks lead firms to pursue more exploratory technological search and broader portfolios, producing measurable productivity gains.