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Microfoundations of Evolutionary Economics

By Yoshinori Shiozawa, Masashi Morioka, Kazuhisa Taniguchi
eBook
$109.00
By Yoshinori Shiozawa, Masashi Morioka, Kazuhisa Taniguchi
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This book provides for the first time the microfoundations of evolutionary economics, enabling the reader to grasp a new framework for economic analysis that is compatible with evolutionary processes. Any independent approach to economics must include a value theory (or price theory) and price and quantity adjustment processes. Evolutionary economics has rightly and successfully concentrated its efforts on explaining evolutionary processes in technology and institutions. However, it does no...

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BusinessEconomicsEconomic Theory & Schools of ThoughtEconomic Theory - General & Miscellaneous