We build from an idea of ecological niche emergence and expand the model to economic niche diversity. Considering a niche as a latent market, we show that market goods exist in autocatalytic economic systems in an evolving economy. We overview the main concepts in ecological niche theory moving from simple partitioning to more complete and complex emergence. The front edge of innovation can be described using the Theory of the Adjacent Possible and the (Bio)diversity-related Niches Differentiation Theory. Entrepreneurs apply experience and intelligent search heuristics to discover and fill these already opened niches. This new understanding of technological change, stemming from insights into ecosystem structure and functioning, has application for the modern platform economy. Examples from ecology and economy are covered.
Feb 1, 2021, Mon
Eastern Time: 9-10:30am
Beijing Time: 10-11:30pm
Central European Time: 3-4:30pm
Brian Fath (IIASA & Towson)
Roger Koppl (Syracuse)
Roberto Cazzola Gatti (KLI & Tomsk State University)
Join Zoom Meeting
Meeting ID: 936 9203 2039
- The webinar will take place via Zoom, it will last for 90 minutes (60min presentation + 15mins discussions).
- Please mute your microphone during the talk, this permits better sound quality by our speakers.
- You are encouraged to ask questions or provide comments during the seminar.
Professor Wei Xiong, Feb 23, 9am EST
Professor Francesco D’Acunto (Boston College), TBD
Past Luohan Webinar:
Jan 26, 2021, Haoxiang Zhu (MIT) on “On Interest-Bearing Central Bank Digital Currency in the United States”
Jan 12, 2021, Pan Jun (SAIF, SJTU) on “Fintech Adoption and Household Risk-Taking”
Dec 15, 2020, Zhiguo He (Chicago) on “Open Banking: Credit Market Competition When Borrowers Own the Data”
Dec 7, 2020, Raghavendra Rau (Cambridge) on “Law, Trust, and the Development of Crowdfunding”
Dec 4, 2020, Robert Townsend (MIT) on “Optimized Payment and Financial Infrastructure under Distributed Ledgers and Cryptography”
Nov 9, 2020, Neng Wang (Columbia) on “Implications of Stochastic Transmission Rates for Managing Pandemic Risks”
Oct 27, 2020, Sir Chris Pissarides (LSE) on “Productive Robots and Industrial Employment”
Oct 19, 2020, Xavier Vives (IESE), Elena Carletti (Bocconi), Stijn Claessens (BIS), Antonio Fatas (INSEAD) on “The Bank Business Model in the Post-Covid 19 World”
Sep 22, 2020, Xavier Vives (IESE) on “Digital Disruption in Banking”
Sep 8, 2020, Soumitra Dutta (Cornell), “Measuring Digital Economy”
Aug 31, 2020, Lin William Cong (Cornell), “Economic Data Science”
Jul 15, 2020, Alberto G. Rossi (Georgetown), “Robo-advisors for Investment, Consumption and Savings Decisions”
Jun 18, 2020. Victor Couture (UC Berkeley), “Measuring real-time movement and social contact with smartphone data”
Jun 5, 2020, Michael Weber (Chicago), “The Cost of the Covid-19 Crisis”
If you would like to give a presentation in a future webinar, please contact our Economist Dr. Xijie Gao (email@example.com).