Evolutionary Economic Thought
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Evolutionary Economics
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Author : David Hamilton
language : en
Publisher: Routledge
Release Date : 2017-07-05
Evolutionary Economics written by David Hamilton and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-05 with Business & Economics categories.
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.
Evolutionary Economic Thought
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Author : Jürgen G. Backhaus
language : en
Publisher: Edward Elgar Publishing
Release Date : 2003
Evolutionary Economic Thought written by Jürgen G. Backhaus and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
Exploring the theoretical roots of the evolutionary approach, this book demonstrates how it fits squarely into the theoretical mainstream. Focusing on the institutions of evolutionary change and the processes - such as competition - that generate change, it takes account of important European contributions to the discipline, hitherto overshadowed by the American paradigm. As such, the book serves to broaden the current discourse. Whilst evolutionary economics itself is a well researched and widely documented field, this book should be credited with establishing a history of evolutionary economic thought.
Evolutionary Economics
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Author :
language : en
Publisher:
Release Date : 1991
Evolutionary Economics written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with categories.
An Evolutionary Theory Of Economic Change
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Author : Richard R. Nelson
language : en
Publisher: Harvard University Press
Release Date : 1985-10-15
An Evolutionary Theory Of Economic Change written by Richard R. Nelson and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985-10-15 with Business & Economics categories.
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.
Evolutionary Economics Program And Scope
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Author : Kurt Dopfer
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Evolutionary Economics Program And Scope written by Kurt Dopfer and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Evolutionary Economics: Program and Scope offers a fresh look at the paradigmatic foundations and basic theoretical propositions of economics. Twelve authors - each of them with his own distinct contribution to economics - make a step forward by reinterpreting major areas of micro and macroeconomics in line with modern evolutionary thinking. This volume offers a unified approach to economics that allows recent developments in various strands of Evolutionary Economics to be integrated and major positions of Neoclassical Economics to be reconsidered. The chapters on `Evolutionary Macro Economics' explore macro areas such as the division of labor and knowledge, technology and institutions, population thinking, meso economics, techno-economic trajectories and industrial sectors. By telescoping structure into time, they highlight the processes of structural change and co-evolution between technologies and institutions, and provide a causal-explanatory core for a modern - evolutionary - theory of economic growth and economic development. The chapters on `Evolutionary Micro Economics' offer insights into the knowledge based theories of the firm and take up the issues of cognitive and behavioral routines. The contributions explore the processes of complex human choice, creativity, and adaptation in selective and path-dependent environments. The discussions make an essential contribution to the cognitive and behavioral foundations of a modern institutional economics.
Evolutionary Economics
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Author : David Hamilton
language : en
Publisher:
Release Date : 1973
Evolutionary Economics written by David Hamilton and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with categories.
Evolutionary Concepts In Contemporary Economics
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Author : Richard W. England
language : en
Publisher: University of Michigan Press
Release Date : 1994
Evolutionary Concepts In Contemporary Economics written by Richard W. England and has been published by University of Michigan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.
This anthology reports on a number of contemporary attempts to introduce evolutionary concepts into economic analysis.
Evolutionary Economics
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2023-12-23
Evolutionary Economics written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-23 with Business & Economics categories.
What is Evolutionary Economics There is a school of thinking in economics known as evolutionary economics, which is influenced by the field of evolutionary biology. It regards economic growth as a process rather than an equilibrium and places an emphasis on change, innovation, complex interdependencies, self-evolving systems, and limited rationality as the drivers of economic evolution. Despite the fact that it is not defined by a clear set of principles and that it brings together a variety of methods, it treats economic development as a process. The support for the evolutionary approach to economics in recent decades appears to have initially originated as a criticism of the mainstream neoclassical economics. However, by the beginning of the 21st century, it had become a part of the economic mainstream itself for the first time. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Evolutionary economics Chapter 2: Neoclassical economics Chapter 3: Thorstein Veblen Chapter 4: Institutional economics Chapter 5: Rational agent Chapter 6: Sociocultural evolution Chapter 7: Heterodox economics Chapter 8: Donald T. Campbell Chapter 9: Geoffrey Hodgson Chapter 10: Cultural selection theory Chapter 11: Giovanni Dosi Chapter 12: European Association for Evolutionary Political Economy Chapter 13: Schools of economic thought Chapter 14: Institutionalist political economy Chapter 15: Oded Galor Chapter 16: Technology dynamics Chapter 17: Universal Darwinism Chapter 18: Non-equilibrium economics Chapter 19: Ugo Pagano Chapter 20: Edward J. Nell Chapter 21: Cultural evolution (II) Answering the public top questions about evolutionary economics. (III) Real world examples for the usage of evolutionary economics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of evolutionary economics. (eBook only). Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of evolutionary economics.
Turbulence In Economics
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Author : Francisco Louçã
language : en
Publisher: Edward Elgar Publishing
Release Date : 1997-01-01
Turbulence In Economics written by Francisco Louçã and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-01-01 with Business & Economics categories.
'It is difficult to summarize in a short space the extreme richness of this book, which involves arguments taken from physics, philosophy, history of science and epistemology, as well as economic thought and recent developments in econometrics. . . . Louçã's book makes for extremely interesting and useful reading: it provides a solid criticism of the foundations of neoclassical theory and constitutes the unavoidable starting point for any theoretical construction aiming to understand real societies. . . . The vast erudition of the author - who moves easily in many fields of the social and natural sciences - makes the book a mine of information and a valuable source of new ideas.' - Angelo Reati, Review of Political Economy 'This book will be a landmark in the history of economic thought. It is an extremely powerful and original critique of mainstream econometrics, based on a thorough knowledge of its historical origins and its contemporary applications. It will be essential reading for everyone involved in teaching or learning economic theory and model-building. The book also provides new insights into the work of Frisch, Keynes and Schumpeter . . . it is also a very important contribution to philosophy in the social sciences and in particular, to the development of evolutionary theory in economics. The rapid recent growth of interest in evolutionary theory means that the book will be of special interest to those concerned with these exciting new developments.' - Christopher Freeman, SPRU - Science and Technology Policy Research, University of Sussex, UK and Maastricht University, The Netherlands
Evolutionary And Neo Schumpeterian Approaches To Economics
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Author : Lars Magnusson
language : en
Publisher: Springer
Release Date : 2007-11-23
Evolutionary And Neo Schumpeterian Approaches To Economics written by Lars Magnusson and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-11-23 with Business & Economics categories.
not gentle to the capitalists" (Schumpeter, 1991). Thus, by instead portraying the conflict between entreprenuerial activity and the sociology of the modern state, he came quite close to the analysis carried out by Thorstein Veblen some decades earlier, who emphasized the conflict between p- gressive technology and the institutions of a contemporary "predatory dynastic State of early modern times, superficially altered by a suffusion of democratic and parliamentary institutions" (Veblen, 1964, p. 398). Modern neo-Schumpeterian approaches have continued to build on this groundwork provided by their master. During recent years there has been a great upsurge of discussion on technology, innovations, technological regimes, etc. from the dynamic perspective provided by Schumpeter (Dosi, 1984, Rosegger, 1985; Dosi et al., 1988). Thus the search process for (t- poral) extra profits has been stressed and has been used for modelling attempts. The wider institutional framework for technological change and innovation activity has also been strongly developed more recently. Hence emphasis has grown in the study of technological and industrial regimes, path dependency, and the network approach, developed recently, that social relationships structure the opportunities and constraints that face firms and agents that, for example, carry out innovations (Snehota, 1990).