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Economic Evolution

An Inquiry into the Foundations of the New Institutional Economics

Udgivet af Taylor & Francis Ltd

Bogdetaljer

  • Hæftet
  • 254 sider
  • Engelsk
ISBN 9780415128131
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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 ec…

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Bogdetaljer
Forfatter Jack J Vromen
Forlag Taylor & Francis Ltd
Kategori Økonomisk teori og filosofi
ISBN-13 9780415128131
EAN 9780415128131
Format Hæftet
Sprog Engelsk
sider 254
Undertitel - An Inquiry into the Foundations of the New Institutional Economics
Produktbeskrivelse
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 * 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.

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