The Complex Evolution of a Simple Traffic Convention: the Functions and Implications of Habit

Geoffrey Hodgson () and Thorbjørn Knudsen
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Thorbjørn Knudsen: University of Southern Denmark

Chapter 9 in Institutional Change and Economic Behaviour, 2008, pp 178-199 from Palgrave Macmillan

Abstract: Abstract This chapter presents an agent-based simulation of the emergence of a traffic convention — concerning whether to drive on the left or the right of the road. The interaction between agents and structures involves causal influences in two directions, showing how agents constitute institutions and how institutions can have reconstitutive causal effects on individuals.

Keywords: Parameter Space; Institutional Change; Complex Evolution; Complete Convergence; Downward Causation (search for similar items in EconPapers)
Date: 2008
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Journal Article: The complex evolution of a simple traffic convention: the functions and implications of habit (2004)
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DOI: 10.1057/9780230583429_9

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