“…In addition, increased attention has been given to evolutionary concepts in economic change (Nelson and Winter, 1982), game theory (Smith, 1982), new product growth (Tellis and Crawford, 1981), and breeding competitive strategies (Midgley et al, 1997). Furthermore, genetic algorithms (GAs) have been used to model new product development and design processes (Balakrishnan and Varghese, 1996;Natter et al, 2001), strategic groups (Lee et al, 2002), retail inventory and space allocation (Urban, 1998), retail site selection (Hurley et al, 1995), and the design of distribution networks (Berry et al, 1998). Recently, there have been attempts to breed artificial agents to model economic and marketing phenomena (Arthur, 1991;Holland and Miller, 1991;Midgley et al, 1997).…”