– persistence despite failures – to ensure broad search for good solutions. Using an agent-based simulation model, I show that the … link between patience and innovation is complex: Moderate levels of patience promote broad and effective search. High … search. Furthermore, because translating the gains of patience into performance improvements requires time, low levels of …

complexity metrics, we find that all three patterns are well organized by metrics suggested by Lipman (1995) and Gabaix (2014 …

by the number of activities integrated elsewhere in a project and by the level of “between complexity” and “within … complexity” of those activities. Our results show that managerial diseconomies of scale, which arise when contractors integrate … more activities, and the different types of complexity, affect the relative advantages of hierarchical governance. In a …

the complexity stemming from interactions among components of a system. For this reason NK models have been applied in … complexity. However, the paper suggests that NK suffers from un-necessary limitations and difficulties due to its peculiar …

assumed pattern of interaction. The complexity era, as it is called, requires original insights and innovative approaches, in … order to reinterpret the economic reality. This paper intends to contribute to the complexity literature in economics by … macroeconomic complexity. …