The evolutionary foundations of economics
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Bibliographic Information
The evolutionary foundations of economics
Cambridge University Press, 2005
- : hbk
- : pbk
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Includes bibliographical references and indexes
Description and Table of Contents
Description
It is widely recognised that mainstream economics has failed to translate micro consistently into macro economics and to provide endogenous explanations for the continual changes in the economic system. Since the early 1980s, a growing number of economists have been trying to provide answers to these two key questions by applying an evolutionary approach. This new departure has yielded a rich literature with enormous variety, but the unifying principles connecting the various ideas and views presented are, as yet, not apparent. This 2005 volume brings together fifteen original articles from scholars - each of whom has made a significant contribution to the field - in their common effort to reconstruct economics as an evolutionary science. Using meso economics as an analytical entity to bridge micro and macro economics as well as static and dynamic realms, a unified economic theory emerges.
Table of Contents
- Prolegomenon
- 1. Evolutionary economics: a theoretical framework Kurt Dopfer
- Part I. Ontological Foundations: 2. The rediscovery of value and the opening of economics Ilya Prigogine
- 3. Synergetics: from physics to economics Hermann Haken
- 4. Darwinism, altruism and economics Herbert A. Simon
- 5. Decomposition and growth: biological metaphors in economics from the 1880s to the 1980s Geoffrey M. Hodgson
- 6. Path dependence in economic processes: implications for policy analysis in dynamical systems contexts Paul A. David
- 7. Is there a theory of economic history? Joel Mokyr
- Part II. Framework for Evolutionary Analysis: 8. Toward an evolutionary theory of production Sidney G. Winter
- 9. Learning in evolutionary environments Giovanni Dosi, Luigi Marengo and Giorgio Fagiolo
- 10. Evolutionary theory of the firm Ulrich Witt
- 11. The self-organizational perspective on economic processes: a unifying paradigm John Foster
- 12. Evolutionary concepts in relation to evolutionary economics J. Stanley Metcalfe
- 13. Economics and the science of evolutionary complex systems Peter Allen
- 14. Perspectives on technological evolution Richard R. Nelson
- 15. Complex dynamics in economic organisms Ping Chen
- 16. Evolutionary theorizing on economic growth Gerald Silverberg and Bart Verspagen
- Bibliography
- Index.
by "Nielsen BookData"