Evolution in Markets and Institutions

Specificaties
Paperback, 120 blz. | Engels
Physica-Verlag HD | 0e druk, 2012
ISBN13: 9783642500671
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Physica-Verlag HD 0e druk, 2012 9783642500671
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Samenvatting

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.

Specificaties

ISBN13:9783642500671
Taal:Engels
Bindwijze:paperback
Aantal pagina's:120
Uitgever:Physica-Verlag HD
Druk:0

Inhoudsopgave

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.

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        Evolution in Markets and Institutions