Evolution in markets and institutions / Ulrich Witt, ed.
Evolutionary economics is the most challenging unorthodox approach to economic theory that has been developed in the last decades. The present volume offers a survey as well as a carefully selected sample of important new insights from a broad range of topics in economics: - the dynamics of institut...
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Full Text (via Springer) |
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| Other Authors: | |
| Format: | eBook |
| Language: | English |
| Published: |
Heidelberg : New York :
Physica-Verlag ; Springer-Verlag,
©1993.
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| Subjects: |
| Summary: | Evolutionary economics is the most challenging unorthodox approach to economic theory that has been developed in the last decades. The present volume offers a survey as well as a carefully selected sample of important new insights from a broad range of topics in economics: - the dynamics of institutional change - aggregate employment effects of diffusing innovations - institutional regimes of long run growth - indeterminaciesresulting expectation formation in the economy - the synergetic approach and its application to market morphology. The volume documentsa variety of modeling tools in evolutionary economics and offers a series ofstimulating hypotheses and research results. Its reading is a ̀must' for all scholars with an interest in economic change. |
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| Physical Description: | 1 online resource (120 pages) : illustrations. |
| Bibliography: | Includes bibliographical references. |
| ISBN: | 9783642500657 364250065X |