Evolution in Markets and Institutions

edited by Ulrich Witt

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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Year of publication:	1993
Other Persons:	Witt, Ulrich (ed.)
Publisher:	Heidelberg : Physica-Verlag HD
Subject:	Theorie \| Theory \| Evolutionsökonomik \| Evolutionary economics \| Institutionenökonomik \| Institutional economics

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Extent:	Online-Ressource (VIII, 120p. 44 illus) online resource
Type of publication:	Book / Working Paper
Language:	English
Notes:	Evolutionary economics: Some principlesHow 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.
ISBN:	978-3-642-50065-7 ; 978-3-642-50067-1
Other identifiers:	10.1007/978-3-642-50065-7 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013522329