Evolution in Markets and Institutions

Evolutionary economics is the most challenging unorthodox approach to economic theory that has been developed in the last decades. The present volume offers a survey as well as a carefully selected sample of important new insights from a broad range of topics in economics: - the dynamics of institut...

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Bibliographic Details
Other Authors: Witt, Ulrich (Editor)
Format: eBook
Language:English
Published: Heidelberg Physica 1993, 1993
Edition:1st ed. 1993
Subjects:
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Description
Summary:Evolutionary economics is the most challenging unorthodox approach to economic theory that has been developed in the last decades. The present volume offers a survey as well as a carefully selected sample of important new insights from a broad 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 in evolutionary economics and offers a series ofstimulating hypotheses and research results. Its reading is a `must' for all scholars with an interest in economic change
Physical Description:VIII, 120 p. 10 illus online resource
ISBN:9783642500657