Economic evolution : an enquiry into the foundations of new institutional economics
Author(s)
Bibliographic Information
Economic evolution : an enquiry into the foundations of new institutional economics
（Economics as social theory）
Routledge, 1995
- : pbk
- : hbk
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Note
Bibliography: p. 227-237
Includes index
Description and Table of Contents
Description
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.
Table of Contents
Preface, 1 INTRODUCTION, Part I Firms and industries, Part II Functional explanation and evolutionary mechanisms, Part III Individuals and groups, Notes, Bibliography, Index
by "Nielsen BookData"
