Advances in Evolutionary Institutional Economics

Evolutionary Mechanisms, Non-Knowledge and Strategy

Inbunden, Engelska, 2008

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Some famous pioneers together with the most promising new practitioners in the field show within this book how they define their subject. This is an authoritative survey of important branches of evolutionary economics, containing innovative new perspectives on market dynamics and evolutionary institutional mechanisms. The authors also tackle enduring problems in the field such as profound uncertainty and the significance of knowledge in economics.This coherent and focused book will appeal to a wide variety of scholars involved in evolutionary and institutional economics, and evolutionary theory. It will also appeal to researchers and students at advanced undergraduate and postgraduate levels.

Produktinformation

Utgivningsdatum2008-10-31
FormatInbunden
SpråkEngelska
FörlagEdward Elgar Publishing Ltd
ISBN9781847209085

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Nationalekonomi inom Ekonomi och ledarskap

Contents:Introduction: Evolutionary Economics in the MakingHardy Hanappi and Wolfram Elsner PART I: EVOLUTIONARY MECHANISMS1. Heuristic Twists and Ontological Creeds: A Road Map for Evolutionary EconomicsUlrich Witt 2. Generalized Darwinism from the Bottom Up: An Evolutionary View of Socio-Economic Behavior and OrganizationJ.W. Stoelhorst 3. Comparative Industrial Evolution and the Quest for an Evolutionary Theory of Market DynamicsGuido Buenstorf 4. European Contributions to Evolutionary Institutional Economics: The Cases ‘Open-Systems Approach’ (OSA) and ‘Cumulative Circular Causation’ (CCC)Sebastian Berger and Wolfram Elsner 5. Institutions as Determinants of Preference Change: A One Way Relation?Martin Binder and Uta-Maria Niederle PART II: COMPLEXITY, NON-KNOWLEDGE AND STRATEGY6. Complex Individuals: The Individual in Non-Euclidian SpaceJohn B. Davis 7. The Importance of Ignorance: Non-Knowledge and the Limits of BayesianismOliver Kessler 8. Strong Uncertainty and How to Cope with it to Improve Action and CapacityPaul Davidson 9. Strategy, Innovation and Entrepreneurship: An Evolutionary Learning PerspectiveCarl Henning Reschke and Sascha Kraus 10. The Problem of Knowledge in Economics: Prices, Contracts and OrganizationsStavros Ioannides Index

'Hanappi and Elsner have brought together in this volume a group of essays that reveal both the diversity and continuity of the European contribution to evolutionary institutional economics. The essays are rich in methodological significance and analytical detail. The range of topics covered is truly impressive, reflecting the multifaceted nature of this literature. It should serve as an important reference on evolutionary institutional economics for many years to come.'