Evolution in Markets and Institutions (eBook, PDF)

Redaktion: Witt, Ulrich

• Format: PDF

Produktbeschreibung

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.

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Produktdetails

• Verlag: Physica-Verlag HD
• Seitenzahl: 120
• Erscheinungstermin: 6. Dezember 2012
• Englisch
• ISBN-13: 9783642500657
• Artikelnr.: 53156218

Inhaltsangabe

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.