Evolutionary Model of the Growth and Size of Firms

The key idea of this model is that firms are the result of an evolutionary process. Based on demand and supply considerations the evolutionary model presented here derives explicitly Gibrat's law of proportionate effects as the result of the competition between products. Applying a preferential...

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Bibliographische Detailangaben

Veröffentlicht in:	arXiv.org 2012-08
1. Verfasser:	Kaldasch, Joachim
Format:	Artikel
Sprache:	eng
Schlagworte:	Consumer goods Evolution Growth rate Markets Product life cycle Quantitative Finance - General Finance Size distribution Statistics - Applications
Online-Zugang:	Volltext
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