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Author : Jason Potts
Publisher : Edward Elgar Publishing
Page : 266 pages
File Size : 40,8 Mb
Release : 2000
Category : Business & Economics
ISBN : STANFORD:36105025209870
This work acts as a critique of the basis of neoclassical microeconomics, and makes a proposal for the structure of a new evolutionary theory.
Author : Kurt Dopfer,Jason Potts
Publisher : Unknown
Page : 0 pages
File Size : 48,6 Mb
Release : 2014
Category : Evolutionary economics
ISBN : 1843767260
This three volume set gathers together selected key articles in evolutionary economics, ordering these into domains of micro analysis - concerned with agents - meso analysis - which is concerned with rule populations and trajectories - and macro analysis, which is about the structure and development of the whole economy. This authoritative collection, with an original introduction by the editors, will be of interest to scholars and researchers seeking to understand how evolutionary economics fits together and who seek to advance such an integrated approach.
Author : Richard R. Nelson,Giovanni Dosi,Constance E. Helfat,Andreas Pyka,Sidney G. Winter
Publisher : Cambridge University Press
Page : 285 pages
File Size : 50,8 Mb
Release : 2018-05-03
Category : Business & Economics
ISBN : 9781108427432
Presents the evolutionary perspective of the economy as perpetually moving, driven by innovation, and the empirical research this has guided.
Author : Kurt Dopfer
Publisher : Cambridge University Press
Page : 604 pages
File Size : 54,9 Mb
Release : 2005-05-23
Category : Business & Economics
ISBN : 1139443232
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 : Kurt Dopfer
Publisher : Springer Science & Business Media
Page : 404 pages
File Size : 46,7 Mb
Release : 2001-06-30
Category : Business & Economics
ISBN : 0792373944
Eleven papers written by economists from Europe and the US address the paradigmatic foundations and basic theoretical propositions of economics. Contributions address foundational issues including an interpretive survey looking at the most important contributions of modern evolutionary economics and the ontological basis of evolutionary economics. Next, evolutionary macroeconomics is addressed, including issues relating to evolutionary macrostatics and evolutionary macrodynamics. Evolutionary microeconomics is next featured in essays addressing the dynamic aspects of an evolutionary microdynamics. Other topics include early signs of a revolution in microeconomics and the reconstruction of major evolutionary theories of the firm, with relation to transaction and contract theories. c. Book News Inc.
Author : David S. Wilson,Alan Kirman
Publisher : MIT Press
Page : 409 pages
File Size : 51,6 Mb
Release : 2016-08-19
Category : Business & Economics
ISBN : 9780262035385
An exploration of how approaches that draw on evolutionary theory and complexity science can advance our understanding of economics. Two widely heralded yet contested approaches to economics have emerged in recent years: one emphasizes evolutionary theory in terms of individuals and institutions; the other views economies as complex adaptive systems. In this book, leading scholars examine these two bodies of theory, exploring their possible impact on economics. Relevant concepts from evolutionary theory drawn on by the contributors include the distinction between proximate and ultimate causation, multilevel selection, cultural change as an evolutionary process, and human psychology as a product of gene-culture coevolution. Applicable ideas from complexity theory include self-organization, fractals, chaos theory, sensitive dependence, basins of attraction, and path dependence. The contributors discuss a synthesis of complexity and evolutionary approaches and the challenges that emerge. Focusing on evolutionary behavioral economics, and the evolution of institutions, they offer practical applications and point to avenues for future research. Contributors Robert Axtell, Jenna Bednar, Eric D. Beinhocker, Adrian V. Bell, Terence C. Burnham, Julia Chelen, David Colander, Iain D. Couzin, Thomas E. Currie, Joshua M. Epstein, Daniel Fricke, Herbert Gintis, Paul W. Glimcher, John Gowdy, Thorsten Hens, Michael E. Hochberg, Alan Kirman, Robert Kurzban, Leonhard Lades, Stephen E. G. Lea, John E. Mayfield, Mariana Mazzucato, Kevin McCabe, John F. Padgett, Scott E. Page, Karthik Panchanathan, Peter J. Richerson, Peter Schuster, Georg Schwesinger, Rajiv Sethi, Enrico Spolaore, Sven Steinmo, Miriam Teschl, Peter Turchin, Jeroen C. J. M. van den Bergh, Sander E. van der Leeuw, Romain Wacziarg, John J. Wallis, David S. Wilson, Ulrich Witt
Author : Ron A. Boschma,Ron L. Martin
Publisher : Edward Elgar Publishing
Page : 559 pages
File Size : 55,9 Mb
Release : 2010
Category : Business & Economics
ISBN : 9781847204912
This wide-ranging handbook studies and defines the paradigm of evolutionary economic geography. The distinguished contributors highlight the key conceptual, theoretical and empirical advances, and present a clear statement of their aims, objectives and methods.
Author : Pavel Pelikán,Gerhard Wegner
Publisher : Edward Elgar Publishing
Page : 294 pages
File Size : 55,8 Mb
Release : 2003
Category : Business & Economics
ISBN : STANFORD:36105026616602
Traditional doctrines of economic policy have largely failed to address the fact that human economies are evolving, complex adaptive systems rather than equilibrating mechanisms. This volume represents a step towards a more evolutionary approach to economic policy.
Author : Carsten Herrmann-Pillath
Publisher : Edward Elgar Publishing
Page : 0 pages
File Size : 49,9 Mb
Release : 2013
Category : Economics
ISBN : 1847204740
This text is an ambitious intellectual enterprise to build a naturalistic foundation for economics, with vast knowledge of physical, biological, social sciences and philosophy. Readers will discover that approaches and insights emergent in institutional studies, (social)-neuroscience, network theory, ecological economics, bio-culture dualistic evolution, etc. are persuasively placed in a grand unified frame.
Author : Richard R. Nelson
Publisher : Harvard University Press
Page : 456 pages
File Size : 44,6 Mb
Release : 1985-10-15
Category : Business & Economics
ISBN : 0674041437
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 : William A. Jackson
Publisher : Edward Elgar Publishing
Page : 281 pages
File Size : 47,5 Mb
Release : 2009
Category : Business & Economics
ISBN : 9781849802116
. . . the book is excellent in setting out and explaining a fundamental critique of economics one moreover that has been missed by most other current critics of the field. Making this case is an achievement. Hopefully, it will have a greater impact than its author probably expects. Journal of Cultural Economics Economics evolved by perfecting the taking of culture out of its reductionist and virtual world. But culture has recently been reintroduced, both as a sphere of application for an otherwise unchanging methodology and as a weak form of acknowledging that the economic alone is inadequate as the basis even for explaining the economy. This volume is an essential critical starting point for understanding the changing relationship between economics and culture and in offering a more satisfactory and stable union between the two. Ben Fine, University of London, UK Economics, Culture and Social Theory examines how culture has been neglected in economic theorising and considers how economics could benefit by incorporating ideas from social and cultural theory. Orthodox economics has prompted a long line of cultural criticism that goes back to the origins of economic theory and extends to recent debates surrounding postmodernism. William A. Jackson discusses the cultural critique of economics, identifies the main arguments, and assesses their implications. Among the topics covered are relativism and realism, idealism and materialism, agency and structure, hermeneutics, semiotics, and cultural evolution. Drawing from varied literatures, notably social and cultural theory, the book stresses the importance of culture for economic behaviour and looks at the prospects for a renewed and culturally informed economics. The book will be invaluable to heterodox economists and to anyone interested in the links between culture and the economy. It takes an interdisciplinary approach, arguing against the isolation of economics, and will therefore hold wide appeal for social scientists working in related fields, as well as for economists specialising in cultural economics and economic methodology.
Author : Peer Zumbansen,Gralf-Peter Calliess
Publisher : Edward Elgar Publishing
Page : 385 pages
File Size : 45,9 Mb
Release : 2011-01-01
Category : Law
ISBN : 9781849808989
Evolutionary theory belongs to the rare species of theories that are simultaneously fundamental and over-arching, implicating as it does numerous life contexts as well as an array of scholarly disciplines. Armed with a profound grasp of evolutionary theory and its implications to social research, Professors Zumbansen and Calliess have mobilized an appropriately diverse and truly stellar group of academics to investigate how this theory may provide new insights about law, economics, and their inter-relations. Cast against an especially broad intellectual backdrop set by the editors, this volume is sure to become a standard reference in literature. Amir N. Licht, Radzyner School of Law, Israel Zumbansen and Calliess have done a wonderful job in assembling papers from the leading scholars in the field, who draw on evolutionary approaches for explaining developments in both economics and the law. Anybody interested in issues of institutional change will be inspired by the wealth of ideas and the diversity of perspectives. Stefan Voigt, University of Hamburg, Germany Law and economics has arguably become one of the most influential theories in contemporary legal theory and adjudication. The essays in this volume, authored by both legal scholars and economists, constitute lively and critical engagements between law and economics and new institutional economics from the perspectives of legal and evolutionary theory. The result is a fresh look at core concepts in law and economics such as institutions , institutional change and market failure that offer new perspectives on the relationship between economic and legal governance. The increasingly transnational dimension of regulatory governance presents lawyers, economists and social scientists with an unprecedented number of complex analytical and conceptual questions. The contributions to this volume engage with legal theory, new institutional economics, economic sociology and evolutionary economics in an interdisciplinary assessment of the capacities and limits of the state, markets and institutions. Drawing as well upon legal sociology and the philosophy of law, the authors expand and transform the known terrain of law and economics by applying evolutionary theory to both law and economics from a domestic and transnational perspective. Legal scholars, evolutionary and regulatory theorists, economists, economic sociologists, economic historians and political scientists will find this cutting-edge volume both challenging and engaging.
Author : L. A. Leydesdorff
Publisher : Palgrave Macmillan
Page : 215 pages
File Size : 53,7 Mb
Release : 1994
Category : Business & Economics
ISBN : 0312122179
Author : Kurt Dopfer,Jason Potts
Publisher : Routledge
Page : 153 pages
File Size : 51,8 Mb
Release : 2007-09-27
Category : Business & Economics
ISBN : 9781134466870
The first book to chart the development of the field of evolutionary economics, this book provides an integrated generic framework to define the rules of an economic system; how they are coordinated and the causes and consequences of their change. Packed with pedagogical features including essay and tutorial questions, case studies and an extensive bibliography, this book: proposes a new analytic framework for the study of the nature and causes of long run economic growth and development in market systems analyzes the foundations of the neoclassical tradition, before developing a thesis through micro, meso and macro domains drawing conclusions as to what can be learned from the point of view of policy analysis focuses on an open-systems analytical framework and successfully formulates and refines the analytical foundations of a new general theory of economic evolution. This volume is essential reading for scholars and students of economic evolution and as well as for anyone who seeks to better understand the complex evolutionary nature of the structure and dynamics of the knowledge-based economy in today’s society.
Author : Miroslav N. Jovanović
Publisher : Edward Elgar Publishing
Page : 789 pages
File Size : 42,6 Mb
Release : 2020-01-31
Category : Business & Economics
ISBN : 9781785368998
A crucial question in contemporary economics concerns where economic activities will locate and relocate themselves in the future. This comprehensive, innovative book applies an evolutionary framework to spatial economics, arguing against the prevailing neoclassical equilibrium model, providing important concrete and theoretical insights, and illuminating areas of future enquiry.