Darwinism And Evolutionary Economics

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Darwinism and Evolutionary Economics

John Laurent,John Nightingale
Darwinism and Evolutionary Economics Book PDF

Author : John Laurent,John Nightingale
Publisher : Edward Elgar Publishing
Page : 260 pages
File Size : 41,6 Mb
Release : 2001-01-01
Category : Biography & Autobiography
ISBN : 9781843762942

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Darwinism and Evolutionary Economics by John Laurent,John Nightingale Pdf

This outstanding collection of essays by leading scholars helps explain how evolutionary economics has come of age. They show how evolutionary economics offers a progressive and diverse research agenda built on strong foundations. These are essays of lasting value. J. Stanley Metcalfe, University of Manchester, UK Darwinism is fast becoming an orthodoxy of modern thought, a framework within which a wide range of knowledge communities conduct their discourse. Ever since its formation, Darwinian theory has experienced a close, though not always comfortable, association with economics. Evolutionary economists now appear to show little concern for the consistency of knowledge in their embrace of Darwinism. Darwinism and Evolutionary Economics brings together contributions from eminent authors who, building on Darwin s own insights and on developments in evolutionary theory, offer challenging views on how economics can use evolutionary ideas effectively. This collection of critical essays provides a thorough examination of the application of Darwinian theory to economic thought, and will appeal to evolutionary economists and all those with an interest in Darwin, innovation and evolutionary science.

Essays on Genetic Evolution and Economics

Terence C. Burnham
Essays on Genetic Evolution and Economics Book PDF

Author : Terence C. Burnham
Publisher : Universal-Publishers
Page : 164 pages
File Size : 52,5 Mb
Release : 1997
Category : Business & Economics
ISBN : 9780965856423

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Essays on Genetic Evolution and Economics by Terence C. Burnham Pdf

Ever since Charles Darwin published The Origin of Species in 1859, genetic evolutionary theory has increasingly served as the foundation for fields that deal with organisms that arose by natural selection. This thesis argues that economic theory should integrate with Darwinian theory through the creation of a "genetic evolutionary economics". The promise of genetic evolutionary economics is a better understanding of human nature and, consequently, a more accurate and comprehensive economic science. Economic theory rests on a set of assumptions about human nature. These economic axioms concern human genes, but there is no explicit connection between genetic evolution and economic theory. As a result, human behavior and economic predictions of that behavior diverge in a variety of important settings. Why, for example, do most people save too little for the future when economics assumes that they will save enough? Chapter 2 discusses the difficulties inherent in the standard economic approach. Natural selection theory, the chapter argues, is the best tool for refining the axioms of economics. Genetic evolutionary economics allows the derivation of parameters that are intractable with standard economic techniques. There is, for instance, an ancient debate within economics about the role of self-interest in human affairs. Chapter 3 builds a genetic evolutionary model relevant to this issue, and concludes that a Darwinian lens removes many of the apparent paradoxes. Genetic evolutionary economics is a scientific endeavor. As such, it produces specific, testable hypotheses concerning behavior in economically relevant situations. Chapter 4 reports on a theoretical and experimental investigation of gift giving. A genetic evolutionary model organizes the existing data on gift giving and makes novel, testable predictions. Laboratory experiments, performed to test the theory, confirm the evolutionary model's predictions.

Evolutionary Economics

David Hamilton
Evolutionary Economics Book PDF

Author : David Hamilton
Publisher : Routledge
Page : 157 pages
File Size : 50,9 Mb
Release : 2017-07-05
Category : Business & Economics
ISBN : 9781351521291

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Evolutionary Economics by David Hamilton Pdf

In reviewing this book in The Economic Journal, S.G. Checkland said that it should be read as a vigorous attempt to relate economics to general thinking and as a challenge to those who are practitioners or elaborators of narrowly prescribed techniques.

Darwinism and Economics

Geoffrey Martin Hodgson
Darwinism and Economics Book PDF

Author : Geoffrey Martin Hodgson
Publisher : Edward Elgar Publishing
Page : 520 pages
File Size : 48,7 Mb
Release : 2009
Category : Evolutionary economics
ISBN : STANFORD:36105210634486

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Darwinism and Economics by Geoffrey Martin Hodgson Pdf

Discusses how Darwinism affects our conception of human nature and challenges long-standing assumptions such as self-interested behaviour. This work offers an analysis of the nature of socio-cultural evolution, its differences from biological evolution and whether it is Lamarckian.

Economics in the Shadows of Darwin and Marx

Geoffrey Martin Hodgson
Economics in the Shadows of Darwin and Marx Book PDF

Author : Geoffrey Martin Hodgson
Publisher : Edward Elgar Publishing
Page : 274 pages
File Size : 47,8 Mb
Release : 2014-05-14
Category : Business & Economics
ISBN : 9781781007563

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Economics in the Shadows of Darwin and Marx by Geoffrey Martin Hodgson Pdf

'Almost 150 years after their major works were published Darwin and Marx stand alone as the premier theorists of the evolution of complex living systems. Hodgson's unique contribution in these essays is to capture the spirit of these two great thinkers in their ability to see universal principles in particular contextual frameworks. Using an evolutionary and institutional approach to examine a variety of theoretical issues Hodgson avoids both the postmodern disease of extreme relativism and the rigidity of insisting on "one true religion" for economic theory. This book is a major contribution to the current revolution in economic theory.' - John M. Gowdy, Rensselaer Polytechnic Institute, US Economics in the Shadows of Darwin and Marx examines the legacies of these two giants of thought for the social sciences in the twenty-first century.

Rethinking Economic Evolution

Ulrich Witt
Rethinking Economic Evolution Book PDF

Author : Ulrich Witt
Publisher : Edward Elgar Publishing
Page : 264 pages
File Size : 48,8 Mb
Release : 2016-07-30
Category : Business & Economics
ISBN : 9781785365072

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Rethinking Economic Evolution by Ulrich Witt Pdf

Modern economies never come to rest. From institutions to activities of production, trade, and consumption, everything is locked in processes of perpetual transformation – and so are our daily lives. Why and how do such transformations occur? What can economic theory tell us about these changes and where they might lead? Ulrich Witt’s book discusses why evolutionary concepts are necessary to answer such questions. While economic evolution is in many respects unique, it nonetheless needs to be seen within the broader context of natural evolution. By exploring this complex relationship, Rethinking Economic Evolution demonstrates the significance of an evolutionary economic theory.

Darwin's Conjecture

Geoffrey M. Hodgson,Thorbjørn Knudsen
Darwin s Conjecture Book PDF

Author : Geoffrey M. Hodgson,Thorbjørn Knudsen
Publisher : University of Chicago Press
Page : 303 pages
File Size : 54,8 Mb
Release : 2010-12
Category : Business & Economics
ISBN : 9780226346908

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Darwin's Conjecture by Geoffrey M. Hodgson,Thorbjørn Knudsen Pdf

A theoretical study dealing chiefly with matters of definition and clarification of terms and concepts involved in using Darwinian notions to model social phenomena.

Evolutionary Economics

Geoffrey M. Hodgson
Evolutionary Economics Book PDF

Author : Geoffrey M. Hodgson
Publisher : Cambridge University Press
Page : 75 pages
File Size : 41,6 Mb
Release : 2019-10-17
Category : Business & Economics
ISBN : 1108738001

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Evolutionary Economics by Geoffrey M. Hodgson Pdf

This Element examines the historical emergence of evolutionary economics, its development into a strong research theme after 1980, and how it has hosted a diverse set of approaches. Its focus on complexity, economic dynamics and bounded rationality is underlined. Its core ideas are compared with those of mainstream economics. But while evolutionary economics has inspired research in a number of areas in business studies and social science, these have become specialized and fragmented. Evolutionary economics lacks a sufficiently-developed core theory that might promote greater conversation across these fields. A possible unifying framework is generalized Darwinism. Stronger links could also be made with other areas of evolutionary research, such as with evolutionary anthropology and evolutionary psychology. As evolutionary economics has migrated from departments of economics to business schools, institutes of innovation studies and elsewhere, it also needs to address the problem of its lack of a single disciplinary location within academia.

Economics and Evolution

Geoffrey Martin Hodgson
Economics and Evolution Book PDF

Author : Geoffrey Martin Hodgson
Publisher : University of Michigan Press
Page : 398 pages
File Size : 54,9 Mb
Release : 1996
Category : Business & Economics
ISBN : 0472084232

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Economics and Evolution by Geoffrey Martin Hodgson Pdf

How evolutionary ideas can be used to reconstruct economics.

Evolutionary Economics and Human Nature

John Laurent
Evolutionary Economics and Human Nature Book PDF

Author : John Laurent
Publisher : Edward Elgar Publishing
Page : 0 pages
File Size : 52,9 Mb
Release : 2003
Category : Evolutionary economics
ISBN : 1840649232

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Evolutionary Economics and Human Nature by John Laurent Pdf

Many of these works are placed in a Darwinian, evolutionary perspective, with the imperative that the study of human nature must be consistent with our understanding of human evolution, and should consider how human beings are moulded by cultural and institutional influences. Naturally, Darwin's own view of human nature is explored, undermining the mistaken notion that Darwinism promotes human nature as greedy, uncooperative and self-seeking.

Economic Evolution

Jack J Vromen
Economic Evolution Book PDF

Author : Jack J Vromen
Publisher : Routledge
Page : 254 pages
File Size : 45,6 Mb
Release : 1995-10-19
Category : Business & Economics
ISBN : 9781134796571

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Economic Evolution by Jack J Vromen Pdf

The new institutional economics offers one of the most exciting research agendas in economics today. The book looks at the differences and similarities between the three main approaches.

An Evolutionary Theory of Economic Change

Richard R. Nelson
An Evolutionary Theory of Economic Change Book PDF

Author : Richard R. Nelson
Publisher : Harvard University Press
Page : 456 pages
File Size : 46,7 Mb
Release : 1985-10-15
Category : Business & Economics
ISBN : 0674041437

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An Evolutionary Theory of Economic Change by Richard R. Nelson Pdf

This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.

From Evolutionary Biology to Economics and Back

Jean-Baptiste André,Mikael Cozic,Silvia De Monte,Jean Gayon,Philippe Huneman,Johannes Martens,Bernard Walliser
From Evolutionary Biology to Economics and Back Book PDF

Author : Jean-Baptiste André,Mikael Cozic,Silvia De Monte,Jean Gayon,Philippe Huneman,Johannes Martens,Bernard Walliser
Publisher : Springer Nature
Page : 193 pages
File Size : 46,6 Mb
Release : 2023-01-12
Category : Science
ISBN : 9783031087905

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From Evolutionary Biology to Economics and Back by Jean-Baptiste André,Mikael Cozic,Silvia De Monte,Jean Gayon,Philippe Huneman,Johannes Martens,Bernard Walliser Pdf

This book offers a comprehensive exploration of the major key concepts common to economics and evolutionary biology. Written by a group of philosophers of science, biologists and economists, it proposes analyses of the meaning of twenty-five concepts from the viewpoint respectively of economics and of evolutionary biology –each followed by a short synthesis emphasizing major discrepancies and commonalities. This analysis is surrounded by chapters exploring the nature of the analogy that connects evolution and economics, and chapters that summarize the major teachings of the analyses of the keywords. Most scholars in biology and in economics know that their science has something in common with the other one, for instance the notions of competition and resources. Textbooks regularly acknowledge that the two fields share some history – Darwin borrowing from Malthus the insistence on scarcity of resources, and then behavioral ecologists adapting and transforming game theory into evolutionary game theory in the 1980s, while Friedman famously alluded to a Darwinian process yielding the extant firms. However, the real extent of the similarities, the reasons why they are so close, and the limits and even the nature of the analogy connecting economics and biological evolution, remain inexplicit. This book proposes basis analyses that can sustain such explication. It is intended for researchers, grad students and master students in evolutionary and in economics, as well as in philosophy of science.

Understanding Economic Change

Ulrich Witt,Andreas Chai
Understanding Economic Change Book PDF

Author : Ulrich Witt,Andreas Chai
Publisher : Cambridge University Press
Page : 411 pages
File Size : 41,9 Mb
Release : 2018-11-29
Category : Business & Economics
ISBN : 9781107136205

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Understanding Economic Change by Ulrich Witt,Andreas Chai Pdf

Shows how thinking in evolutionary terms enhances our understanding of the economic and social change taking place at all levels.

Evolutionary Economics

Hardy Hanappi,Gerhard Hanappi
Evolutionary Economics Book PDF

Author : Hardy Hanappi,Gerhard Hanappi
Publisher : Unknown
Page : 200 pages
File Size : 55,8 Mb
Release : 1994
Category : Economics
ISBN : STANFORD:36105009769881

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Evolutionary Economics by Hardy Hanappi,Gerhard Hanappi Pdf

The concept of evolution has assumed many different connotations. This work uses Morris's distinction between syntax, semantics and pragmatics to develop a synchronic panorama of contemporary evolutionism - evolutionary economics.