Marco Valente

''Keep calm and carry on''

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Home Research Publications



  • D'ORAZIO, P. and VALENTE, M., forthcoming, "The role of finance in environmental innovation diffusion: an evolutionary modeling approach", Journal of Economic Behaviour and Organisations, (accepted).
  • BABUTSIDZE, Z. and VALENTE, M. , 2018, "A Trick of the Tail: The Role of Social Networks in Shaping Distributional Properties of Experience Goods", Industrial and Corporate Change (online).
  • CIARLI, T., LORENTZ, A., VALENTE, M. and SAVONA, M, 2018, "Structural Change and Economic Regimes", Journal of Evolutionary Economics (online).
  • CALIARI, T., RUIZ, S. and VALENTE, M., 2017, "Heterogeneity of Demand and Product Innovation", Estudos Economics, 47(1).
  • DOSI,G., MARENGO,L., PARASKEVOPOULOU, E. and VALENTE, M., 2017, "A Model of Cognitive and Operational Memory Organizations in Changing Worlds", Cambridge Journal of Economics, 41(3).  
  • T.CIARLI and M.VALENTE, (2016), "The complex interactions between economic growth and market concentration in a model of structural change", Structural Change and Economic Dynamic, 38view).
  • A. LORENTZ, CIARLI, T., M. SAVONA, and M. VALENTE (2016), "The Effect of Demand-driven Structural Transformations on Growth and Technical Change", Journal of Evolutionary Economics, 26(1), p.219-246.
  • M.VALENTE (2014), "An NK-like Model for Complexity", Journal of Evolutionary Economics, 24(1), p.107-134.
  • M.DI MAIO and M.VALENTE (2013), "Uncertainty, Specialization and Government Intervention", Metroeconomica, 64(2), pp. 215-43.
  • M.VALENTE (2012), "Evolutionary Demand: a Model for Bounded Rational Consumers", Journal of Evolutionary Economics, 22(5), pp.1029-80. ISSN: 0936-9937.
  • L.MARENGO, C.PASQUALI, M.VALENTE and G.DOSI (2012), "Appropriability, Patents, and Rates of Innovation in Complex Products Industries", Economics of Innovation and New Technologies, 21(8), pp.753-73, ISSN: 1043-8599.
  • M.DI MAIO and M.VALENTE (2012), "Uncertainty and the optimal level of specialization", Research in Economics, 66(3), pp.213-18 ISSN: 1090-9443.
  • A.COAD, M.VALENTE (2011). "Hunting for a bogeyman? In search of statistical evidence of direct competition between firms", Evolutionary and Institutional Economics Review, vol. 8, ISSN: 1349-4961.
  • FABER, A., VALENTE, M. and JANSSEN, P. (2010) , “Exploring Domestic Micro-cogeneration in the Netherlands: An Agent-based Demand Model for Technological Diffusion”, Energy Policy, 38(6), pp. 2763-2775.
  • MARENGO, L. and VALENTE, M. (2010) , “Industry Dynamics in Complex Product Spaces: An Evolutionary Model”, Structural Change and Economic Dynamics, 21(1), pp. 5-16.
  • T. CIARLI, A. LORENTZ, M. SAVONA, and M. VALENTE (2010), "The Effect of Consumption and Production Structure on Growth and Distribution. A Micro to Macro Model", METROECONOMICA, 61(1), pp. 180-218
  • M. BLEDA and M. VALENTE, (2009), ``Graded eco-labels: A demand-oriented approach to reduce pollution,'' TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE, vol. 76(4), pp. 512-24.
  • T. CIARLI, R. LEONCINI, S. MONTRESOR, and M. VALENTE (2008) ``Technological change and the vertical organization of industries,'' JOURNAL OF EVOLUTIONARY ECONOMICS, vol. 18, pp. 367-387, 2008.
  • G. FAGIOLO, M. VALENTE, and N. J. VRIEND (2007) ``Segregation in networks,'' JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION, vol. 64, pp. 316-336, 2007.
  • T. CIARLI, R. LEONCINI, S. MONTRESOR, and M. VALENTE (2007) ``Innovation and competition in complex environments,'' INNOVATION, vol. 3-4, 2007.
  • S. BRUSONI, L. MARENGO, A. PRENCIPE, and M. VALENTE (2007) ``The value and costs of modularity: a problem-solving perspective,'' EUROPEAN MANAGEMENT REVIEW, vol. 4, pp. 121-132, 2007.
  • M.VALENTE (2006) "Book Review: Applied Evolutionary Economics: New Empirical Methods and Simulation Techniques, by P.P.Saviotti", JOURNAL OF ARTIFICIAL SOCIETIES AND SOCIAL SIMULATIONS, vol.9(4), 2006.
  • G. FAGIOLO, L. MARENGO, and M. VALENTE (2005) ``Population learning in a model with rugged payoff landscapes and endogenous networks,'' COMPUTATIONAL ECONOMICS, vol. 24-4, pp. 383-408, 2005.
  • G. FAGIOLO and M. VALENTE (2005) ``Minority games, local interactions, and endogenous networks,'' COMPUTATIONAL ECONOMICS, vol. 25, pp. 41-57, 2005.
  • G. FAGIOLO, L. MARENGO, and M. VALENTE (2004) ``Endogenous networks in random population games,'' MATHEMATICAL POPULATION STUDIES, vol. 11-2, pp. 121-147, 2004.
  • M. VALENTE and E. S. ANDERSEN (2002) ``A hands-on approach to evolutionary simulation: Nelson and winter models in the laboratory for simulation development,'' E-JEMED, vol. 1, 2002.
  • M. VALENTE (2002) ``Comments on the paper equilibrium selection via adaptation: Using genetic programming to model learning in a coordination, by chen, duffy and yeh,'' E-JEMED, vol. 1, 2002.
  • G. DOSI, A. BASSANINI, L. MARENGO, and M. VALENTE (1999) ``Norms as emergent properties of adaptive learning: the case of economic routines,'' JOURNAL OF EVOLUTIONARY ECONOMICS, vol. 9-1, pp. 5-26, 1999.


  • M.VALENTE ., “INNOVATIONS AND ORGANIZATIONAL STRUCTURES”, 2015, in L.Biggiero et al. (eds.) Relational Methodologies and Epistemology in Economics and Management Sciences.
  • M.VALENTE, “AGENT-BASED SIMULATION MODELING: TOOLS FOR COMPLEX DYNAMIC NETWORKS”, 2015 in L.Biggiero et al. (eds.) Relational Methodologies and Epistemology in Economics and Management Sciences.
  • CIARLI, T, LEONCINI, R., MONTRESOR, S. and VALENTE, M. , 2010, “Product Architecture and Firm Organization: the Role of Interfaces”, in PETRA AHRWEILER, (ed.), “Innovation in Complex Social Systems”, Routledge Studies in Global Competition, Routledge.
  • G. FAGIOLO, M. VALENTE, and N. J. VRIEND, Theory and Applications  to Economics and Social Systems, ch. A Dynamic Model of Segregation in Small-World Networks. DEU: Springer, 2008.
  • L. MARENGO, C. PASQUALI, and M. VALENTE, Modularity: Understanding the Development and Evolution of Complex Natural Systems, ch. Decomposability and modularity of economic interactions. CAMBRIDGE, MA - USA: MIT Press, 2005.
  • G. FAGIOLO, L. MARENGO, and M. VALENTE, Nonlinear Dynamics and Heterogenous Interacting Agents, ch. Population Learning in Random Games with Endogenous Network Formation. BERLIN - DEU: Springer, 2005. Lecture Notes in Economics and Mathematical Systems.
  • G. FAGIOLO, L. MARENGO, and M. VALENTE, Eterogeneità degli agenti economici e interazione sociale: teorie e verifiche empiriche, ch. Formazione Endogena di Reti in Giochi di Popolazione Casual. BOLOGNA - ITA: Il Mulino, 2005.
  • T. CIARLI and M. VALENTE, Clusters Facing Competition: The Importance of External Linkages, ch. Firms Interactions and industrial Development: A Simulation Model. GBR: Ashgate, 2005.
  • T. CIARLI and M. VALENTE, Industry and Labor Dynamics: The Agent-Based Computational Economics Approach. Proceedings of the Wild@ace 2003 Conference, ch. A Generalised Computational Model of Firms Production and Interactions: Emergent Network Structure and Industrial Development. SINGAPORE: World Scientific, 2004.
  • K. FRENKEN, L. MARENGO, and M. VALENTE, Computational Techniques for Modelling Learning in Economics, ch. Interdependencies, Nearly-decomposability and Adaptation, pp. 145-165. DORDRECHT - NLD: Kluwer, 1999.

Working papers (selection)

  • BABUTSIDZE, Z. and VALENTE, M., 2017, "A Trick of the Tail: The Role of Social Network in Experience-good Market Dynamics", submitted to Journal of Economic Behavior and Organization.
  • VALENTE, M., 2017, "Knowledge as Explanations", SSRN, doi:10.2139/SSRN.2918920.
  • M.VALENTE, "When the Brightest are Not the Best", LEM wp, PISA 2015/13
  • G.DOSI, L. MARENGO, E. PARASKEVOPUOLOU, M.VALENTE, "A model of cognitive and operational memory of organizations in changing worlds", LEM PISA 2015/1.
  • T. CIARLI, A. LORENTZ, M. SAVONA, M. VALENTE, "The Role of Technology, Organisation and Demand in Growth and Income Distribution'" LEM working papers 2012/06, Pisa 2012.
  • K. FRENKEN, G. SILVERBERG, and M. VALENTE, "A percolation model of the product life cycle", UNU-MERIT working papers series, 2008-073, Maastricht 2008.
  • M. VALENTE, "Laboratory for Simulation Development - LSD", LEM working papers 2008/12, Pisa 2008.
  • T. CIARLI,  M. VALENTE, "Production Structure and Economic Fluctuations" LEM working papers 2007/02, Pisa 2007.



Last Updated on Thursday, 06 December 2018 22:22