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Evolutionary Economics: Program and Scope (Paperback, Softcover reprint of the original 1st ed. 2001)
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Evolutionary Economics: Program and Scope (Paperback, Softcover reprint of the original 1st ed. 2001)
Series: Recent Economic Thought, 74
Expected to ship within 10 - 15 working days
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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.
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