Evolutionary Controversies In Economics

Author : Japan Association for Evolutionary Economics,Y. Aruka
Publisher : Springer Science & Business Media
Page : 252 pages
File Size : 40,5 Mb
Release : 2011-06-27
Category : Business & Economics
ISBN : 9784431679035

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Evolutionary Controversies in Economics by Japan Association for Evolutionary Economics,Y. Aruka Pdf

In March 1997, we launched the Japan Association for Evolutionary Economics {JAFEE) to gather the academic minds that, out of dissatisfaction with established dynamic approaches, were separately searching for new approaches to economics. To our surprise and joy,as many as 500members, including graduate students,joined us. Later that year Prof. Horst Hanusch, then President of the International [oseph A. Schumpeter Society, remarked that such a start would take a couple of decades in Europe to prepare for. Since then we have been developing our activities incessantly not only in terms of the number of members, but also in terms of the intensity of international academic exchange. Originally the planning of this book came about as the successful outcome of our fourth annual conference organized as an international one, JAFEE 2000.Incorporat ing other international contributions related to our preceding conferences, this book has eventually turned out to be one of the most enterprising anthologies on evolu tionary economics ever published. Specifically, it contains excellent papers on such topics as streams of evolutionary economics, evolutionary nonlinear dynamics, experimental economics and evolution, multiagent systems and complexity, new frontiers for evolutionary economics, and economic heresies. In short, this book will provide a vivid and full-fledged picture of up-to-date evolutionary economics.

Author : Richard R. Nelson
Publisher : Harvard University Press
Page : 456 pages
File Size : 51,8 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.

Author : Phyllis Deane
Publisher : Cambridge University Press
Page : 260 pages
File Size : 53,6 Mb
Release : 1978-10-05
Category : Business & Economics
ISBN : 0521293154

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The Evolution of Economic Ideas by Phyllis Deane Pdf

An introduction to the history of economics for undergraduate students. Puts some of the current theoretical controversies into long-term perspective by tracing their historical antecedents and parallels.

Author : Richard R. Nelson,Sidney G. Winter
Publisher : Belknap Press
Page : 464 pages
File Size : 43,9 Mb
Release : 1982-08-09
Category : Business & Economics
ISBN : STANFORD:36105001916449

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An Evolutionary Theory of Economic Change by Richard R. Nelson,Sidney G. Winter Pdf

This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Richard R. Nelson and Sidney G. 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.

Author : Melvin W. Reder
Publisher : University of Chicago Press
Page : 412 pages
File Size : 51,6 Mb
Release : 1999-01-15
Category : Business & Economics
ISBN : 0226706095

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Economics by Melvin W. Reder Pdf

Since the 1930s economists have increasingly emphasized the scientific, quantitative side of their field, which has directed research to topics that can be elaborated through mathematical models. Economist Melvin Reder argues that this ongoing historical shift has been the result of pressure from two directions: from society's demand that expert advice be based on "scientific findings," and from economists themselves, who have wanted to view their own profession as a science. Economics: The Culture of a Controversial Science describes the profession of economics as it has developed in response to these challenges.

Author : Alberto Bisin,Giovanni Federico
Publisher : Academic Press
Page : 1002 pages
File Size : 48,9 Mb
Release : 2021-04-21
Category : Business & Economics
ISBN : 9780128162682

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The Handbook of Historical Economics by Alberto Bisin,Giovanni Federico Pdf

The Handbook of Historical Economics guides students and researchers through a quantitative economic history that uses fully up-to-date econometric methods. The book's coverage of statistics applied to the social sciences makes it invaluable to a broad readership. As new sources and applications of data in every economic field are enabling economists to ask and answer new fundamental questions, this book presents an up-to-date reference on the topics at hand. Provides an historical outline of the two cliometric revolutions, highlighting the similarities and the differences between the two Surveys the issues and principal results of the "second cliometric revolution" Explores innovations in formulating hypotheses and statistical testing, relating them to wider trends in data-driven, empirical economics

Author : Murray N. Rothbard
Publisher : Ludwig von Mises Institute
Page : 1017 pages
File Size : 47,8 Mb
Release : 2011
Category : Economic policy
ISBN : 9781610165235

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Economic Controversies by Murray N. Rothbard Pdf

Author : Kenneth R. Miller
Publisher : Penguin
Page : 260 pages
File Size : 53,5 Mb
Release : 2008-06-12
Category : Science
ISBN : 9781440634031

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Only a Theory by Kenneth R. Miller Pdf

A highly regarded scientist’s examination of the battle between evolution and intelligent design, and its implications for how science is practiced in America.

Author : Jamie Morgan
Publisher : Routledge
Page : 337 pages
File Size : 43,6 Mb
Release : 2015-11-19
Category : Business & Economics
ISBN : 9781317334521

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What is Neoclassical Economics? by Jamie Morgan Pdf

Despite some diversification modern economics still attracts a great deal of criticism. This is largely due to highly unrealistic assumptions underpinning economic theory, explanatory failure, poor policy framing, and a dubious focus on prediction. Many argue that flaws continue to owe much of their shortcomings to neoclassical economics. As a result, what we mean by neoclassical economics remains a significant issue. This collection addresses the issue from a new perspective, taking as its point of departure Tony Lawson’s essay ‘What is this ‘school’ called neoclassical economics?’. Few terms are as controversial for pluralist and heterodox economists as neoclassical economics. This controversy has many aspects because the term itself has different specifications and connotations. Within this multiplicity what we mean by neoclassical matters to pluralist and heterodox economists for two primary reasons. First, because it informs how we view and critique the mainstream; second, because the relationship between heterodox and mainstream economics influences how heterodox economists model, apply methods and construct theory. The chapters in this collection each have different things to say about these matters, with contributions ranging across the work of key thinkers, such as Thorstein Veblen and Kenneth Arrow, applied issues of non-linear modelling of dynamic systems, and key events in the history of economics. This book will be of use to those interested in methodology, political economy, heterodoxy, and the history of economic thought.

Author : John Neville Keynes
Publisher : Unknown
Page : 392 pages
File Size : 54,9 Mb
Release : 1891
Category : Economics
ISBN : HARVARD:32044081876187

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The Scope and Method of Political Economy by John Neville Keynes Pdf

Author : Jermo van Nes
Publisher : Springer Nature
Page : 228 pages
File Size : 47,5 Mb
Release : 2022
Category : Economic anthropology
ISBN : 9783030846909

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Relational Anthropology for Contemporary Economics by Jermo van Nes Pdf

This open access book offers a multidisciplinary dialogue on relational anthropology in contemporary economics. A particular view of the human being is often assumed in economic models, but seldom acknowledged let alone explicated. Addressing this neglected area of research in economic studies, altogether the contributors touch upon the importance and potential of virtues, the notions of freedom and self-love, the potential of simulation models, the dialectics of love, and questions of methodology in constructing a relational anthropology for contemporary economics. The overall result is a highly informative and constructive dialogue, establishing inter alia a research agenda for future collaborative and multidisciplinary study.

Author : National Academies of Sciences, Engineering, and Medicine,Division of Behavioral and Social Sciences and Education,Committee on the Science of Science Communication: A Research Agenda
Publisher : National Academies Press
Page : 153 pages
File Size : 47,9 Mb
Release : 2017-03-08
Category : Science
ISBN : 9780309451055

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Communicating Science Effectively by National Academies of Sciences, Engineering, and Medicine,Division of Behavioral and Social Sciences and Education,Committee on the Science of Science Communication: A Research Agenda Pdf

Science and technology are embedded in virtually every aspect of modern life. As a result, people face an increasing need to integrate information from science with their personal values and other considerations as they make important life decisions about medical care, the safety of foods, what to do about climate change, and many other issues. Communicating science effectively, however, is a complex task and an acquired skill. Moreover, the approaches to communicating science that will be most effective for specific audiences and circumstances are not obvious. Fortunately, there is an expanding science base from diverse disciplines that can support science communicators in making these determinations. Communicating Science Effectively offers a research agenda for science communicators and researchers seeking to apply this research and fill gaps in knowledge about how to communicate effectively about science, focusing in particular on issues that are contentious in the public sphere. To inform this research agenda, this publication identifies important influences â€" psychological, economic, political, social, cultural, and media-related â€" on how science related to such issues is understood, perceived, and used.

Author : Avelina Espinosa,Guillermo Paz-y-Miño-C
Publisher : Cambridge Scholars Publishing
Page : 210 pages
File Size : 48,9 Mb
Release : 2016-05-11
Category : Science
ISBN : 9781443894012

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Measuring the Evolution Controversy by Avelina Espinosa,Guillermo Paz-y-Miño-C Pdf

The reality of evolution is indisputable and, based on current scientific evidence, all people in the world should accept it as fact. Yet, only 41% of adults worldwide embrace evolution, and they do it under the premise that a deity created humans. One in every three people is a strict creationist who believes in religious scriptures concerning the origin of our universe and of humans, and explicitly rejects that Homo sapiens is an ape when, in fact, science informs us that humans’ closest relatives are chimpanzees, bonobos, gorillas and orangutans. Indeed, we are all apes. Why do people not accept evolution? In Measuring the Evolution Controversy, Guillermo Paz-y-Miño-C and Avelina Espinosa postulate that the debate over evolution-and-science versus creationism is inherent in the incompatibility between scientific rationalism/empiricism and the belief in supernatural causation (religion and faith). Belief disrupts, distorts, delays or stops the comprehension and acceptance of scientific evidence. The authors refer to this proposal as the incompatibility hypothesis (IH), the conceptual foundation of this book. Paz-y-Miño-C and Espinosa explain that the evolution controversy is not only measurable descriptively, but also testable as in an ordinary field of science. To accomplish this, they examine three predictions of IH. First, chronological-conflict-and-accommodation (i.e. the historical re-emergence of antagonism between evolution and religion when advances in science continue to threaten the belief in supernatural causation; in such situations, creationists’ rejection of and subsequent partial acceptance of the new scientific discoveries are expected). Second, change in evolution’s acceptance as function of educational attainment (i.e. the positive association between acceptance of evolution and level of education). Third, change in evolution’s acceptance as function of religiosity (i.e. the negative association between acceptance of evolution and level of religious beliefs). By relying on an ample assessment of the attitudes towards evolution by highly educated audiences (i.e. research faculty, educators of prospective teachers, and college students in the United States) the authors characterise their understanding of science and evolution, personal religious convictions, and political ideology. The authors make recommendations for improving science and evolution literacy, as well as evolution’s acceptance, and conclude by forecasting a probable global socio-cultural landscape in which acceptance of science and evolution will take place.

Author : Kurt Dopfer
Publisher : Cambridge University Press
Page : 604 pages
File Size : 51,5 Mb
Release : 2005-05-23
Category : Business & Economics
ISBN : 1139443232

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The Evolutionary Foundations of Economics by Kurt Dopfer Pdf

It is widely recognised that mainstream economics has failed to translate micro consistently into macro economics and to provide endogenous explanations for the continual changes in the economic system. Since the early 1980s, a growing number of economists have been trying to provide answers to these two key questions by applying an evolutionary approach. This new departure has yielded a rich literature with enormous variety, but the unifying principles connecting the various ideas and views presented are, as yet, not apparent. This 2005 volume brings together fifteen original articles from scholars - each of whom has made a significant contribution to the field - in their common effort to reconstruct economics as an evolutionary science. Using meso economics as an analytical entity to bridge micro and macro economics as well as static and dynamic realms, a unified economic theory emerges.

Author : J. Stanley Metcalfe
Publisher : Psychology Press
Page : 171 pages
File Size : 55,6 Mb
Release : 2006
Category : Evolutionary economics
ISBN : 9780415406482

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Evolutionary Economics and Creative Destruction by J. Stanley Metcalfe Pdf

The central theme of this book is competition treated as an evolutionary process in which the focus is upon economic change and not economic equilibrium. This theme is explored by linking together differences in economic behaviour with the role of markets as co-ordinating institutions. In this picture innovation plays a central role as a primary source of differential behaviour of firms and the purpose of the book is to identify the consequences of these differences for competition and competitive advantage.