Evolutionary Economics: Program and Scope

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Overview

"Evolutionary Economics: Program and Scope offers a look at the paradigmatic foundations and basic theoretical propositions of economics. Twelve authors 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 ...
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Paperback (Softcover reprint of the original 1st ed. 2001)
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More About This Book

Overview

"Evolutionary Economics: Program and Scope offers a look at the paradigmatic foundations and basic theoretical propositions of economics. Twelve authors 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."--BOOK JACKET.
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Editorial Reviews

Booknews
Eleven papers written by economists from Europe and the US address the paradigmatic foundations and basic theoretical propositions of economics. Contributions address foundational issues including an interpretive survey looking at the most important contributions of modern evolutionary economics and the ontological basis of evolutionary economics. Next, evolutionary macroeconomics is addressed, including issues relating to evolutionary macrostatics and evolutionary macrodynamics. Evolutionary microeconomics is next featured in essays addressing the dynamic aspects of an evolutionary microdynamics. Other topics include early signs of a revolution in microeconomics and the reconstruction of major evolutionary theories of the firm, with relation to transaction and contract theories. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9789401038690
  • Publisher: Springer-Verlag New York, LLC
  • Publication date: 1/28/2013
  • Series: Recent Economic Thought Series , #74
  • Edition description: Softcover reprint of the original 1st ed. 2001
  • Edition number: 1
  • Pages: 382
  • Product dimensions: 6.14 (w) x 9.21 (h) x 0.79 (d)

Table of Contents

Contributing Authors
1 Evolutionary Economics - Framework for Analysis 1
2 Evolutionary Economics - An Interpretative Survey 45
3 On the Ontological Foundations of Evolutionary Economics 89
4 Evolutionary Approaches to Population Thinking and the Problem of Growth and Development 141
5 Evolutionary Perspectives on Economic Growth 165
6 The Evolutionary Principles of American Neoinstitutional Economics 195
7 Knowledge and Meliorism in the Evolutionary Theory of F. A. Hayek 231
8 Selection Processes in Economics 253
9 Adapting, Learning and Economizing 277
10 Early Sings of a Revolution in Microeconomics 299
11 Evolutionary Theories of the Firm: Reconstruction and Relations to Contractual Theories 319
Subject Index 357
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