A Minimal Agent-based Model for the Size-frequency Distribution of Firms

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Summary

A cellular automaton model called the Firm Dynamics Model (FDM), introduced to simulate the dynamics of firms within an economy, includes the growth of firms and their mergers and exits.

Type
article
Published
2020-03-13
Cited by
0
References
29

Keywords

Exponent, Pareto distribution, Power law, Statistical physics, Cellular automaton

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