Evolution in Markets and Institutions
(Sprache: Englisch)
Evolutionary economics is the most challenging unorthodoxapproach to economic theory that has been developed in thelast decades. The present volume offers a survey as well asa carefully selected sample of important new insights from abroad range of topics...
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Klappentext zu „Evolution in Markets and Institutions “
Evolutionary economics is the most challenging unorthodoxapproach to economic theory that has been developed in thelast decades. The present volume offers a survey as well asa carefully selected sample of important new insights from abroad range of topics in economics:- the dynamics of institutional change- aggregate employment effects of diffusing innovations- institutional regimes of long run growth- indeterminaciesresulting expectation formation in the economy- the synergetic approach and its application to market morphology.The volume documentsa variety of modeling tools inevolutionary economics and offers a series ofstimulatinghypotheses and research results. Its reading is a `must' forall scholars with an interest in economic change.
Inhaltsverzeichnis zu „Evolution in Markets and Institutions “
Evolutionary economics: Some principles.- How do conventions evolve?.- Innovation diffusion, employment and wage policy.- Land use systems and property rights. Evolutionary versus new institutional economics.- The genesis of expectations and of sunspot equilibria.- The master equation approach to nonlinear economics.- Appendix: Programme of the Joint Sessions.
Bibliographische Angaben
- 2012, Softcover reprint of the original 1st ed. 1993, VIII, 120 Seiten, Masse: 17 x 24,4 cm, Kartoniert (TB), Englisch
- Herausgegeben: Ulrich Witt
- Verlag: Springer, Berlin
- ISBN-10: 3642500676
- ISBN-13: 9783642500671
Sprache:
Englisch
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