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The New Evolutionary Microeconomics - Complexity, Competence and Adaptive Behaviour (Hardcover)
Loot Price: R3,094
Discovery Miles 30 940
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The New Evolutionary Microeconomics - Complexity, Competence and Adaptive Behaviour (Hardcover)
Series: New Horizons in Institutional and Evolutionary Economics series
Expected to ship within 12 - 17 working days
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This highly innovative and original book proposes evolutionary
microeconomics as a synthesis of the collective schools of
heterodox economic thought with complex systems theory and graph
theory. The book charts a research programme for evolutionary
economics that encompasses the theory of dynamic efficiency and
emergence in markets, a computational model of the learning and
interacting agent, a competence based theory of the firm and the
household, and, via a theory of expectations and plans, an
agent-based foundation to macroeconomics. Principally a work of
meta-theory, The New Evolutionary Microeconomics argues for a
radical refocus of microeconomic research toward the evolutionary
nature of institutions, preferences, technology and knowledge. This
challenging new book should prove timely and important for
evolutionary and computational economists as well as those in the
fields of managerial economics, business studies and marketing.
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