Modeling creation vs. diffusion of structured knowledge
Nicolas Carayol
Advances in Complex Systems (ACS), 2000, vol. 03, issue 01n04, 353-368
Abstract:
The paper is mainly dealing with the dilemma between knowledge creation incentives and knowledge diffusion. Knowledge is modeled as a structure, which is expanding through agents' creation behaviors, and becomes "locally" available to other agents once it is disclosed. An agent taken randomly at each period of the discrete time is choosing between the acquisition of an accessible piece of knowledge and the creation of one. Knowledge value being a decreasing function of the number of agents sharing it, a higher (exogenous and tunable) rate of disclosure decreases the incentives to create (in increasing the diffusion speed). Using simulations, we show that there is, for each set of values of the different parameters, a non null optimal rate of disclosure (maximizing the collective performances of the set of agents) and discuss the effect of some of the structural parameters on it.
Keywords: knowledge structure; knowledge creation incentives; knowledge disclosure; knowledge diffusion (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:acsxxx:v:03:y:2000:i:01n04:n:s021952590000025x
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DOI: 10.1142/S021952590000025X
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