title: Modeling Adaptive Learning: R&D Strategies in the Model of Nelson & Winter (1982) creator: Yildizoglu, Murat subject: Machine Learning subject: Social simulation description: This article aims to test the relevance of learning through Genetic Algorithms (GA) and Learning Classifier Systems (LCS), in opposition with fixed R&D rules, in a simplified version of the evolutionary industry model of Nelson and Winter. These three R&D strategies are compared from the points of view of industry performance (welfare): the results of simulations clearly show that learning is a source of technological and social efficiency. date: 2001 type: Preprint type: NonPeerReviewed format: application/pdf identifier: http://cogprints.org/3864/1/2001-1.pdf identifier: Yildizoglu, Murat (2001) Modeling Adaptive Learning: R&D Strategies in the Model of Nelson & Winter (1982). [Preprint] relation: http://cogprints.org/3864/