• Modeling institutional change in transition economies 

      Kyriazis, N. C.; Zouboulakis, M. S. (2005)
      A particular aspect of path dependence and change is discussed here. To understand institutional change in transition economies, a game theoretic model that combines economic changes with changes in the social values system ...
    • Path dependence, change and the emergence of the first joint-stock companies 

      Kyriazis, N.; Metaxas, T. (2011)
      This paper presents a model of path dependence and change and focuses on the gaining of new institutional knowledge. The main thesis is that in 'extraordinary' historical situations the possibility of change increases as ...