Economic Evolution - An Inquiry into the Foundations of the New Institutional Economics (Paperback, New)

The new institutional economics offers one of the most exciting research agendas in economics today. Yet can it really explain processes of economic change? Economic Evolution explores three of the main approaches within the new institutional economics: the new theory of the firm, Nelson and Winter's evolutionary economics and game theoretic accounts of spontaneous evolution. Close analysis reveals that the approaches differ on such fundamental issues as the meaning of terms like 'institution' and 'evolution'. However, the book also uncovers two evolutionary mechanisms that govern processes of economic change in all of these approaches.

eBook available with sample pages: 0203434005

General

Imprint:	Routledge
Country of origin:	United Kingdom
Series:	Economics as Social Theory
Release date:	October 1995
First published:	1995
Authors:	Jack J Vromen
Dimensions:	234 x 156 x 14mm (L x W x T)
Format:	Paperback
Pages:	256
Edition:	New
ISBN-13:	978-0-415-12813-1
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy
LSN:	0-415-12813-7
Barcode:	9780415128131

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