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How effective institutions come about and how they change are fundamental questions for economics and social science more generally. We show that these questions were central in the deliberations of lawyers in 17th century England, a critical historical juncture that has motivated important...
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evolutionary theory of the process of cultural development that unfolds in response to changing material and social conditions …
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This article is the first of a series that offers a new paradigm for economics, the "multilevel paradigm," using generalized Darwinism as its theoretical framework. Generalized Darwinism refers to all processes that combine the ingredients of variation, selection, and replication - not just...
Persistent link: https://www.econbiz.de/10014495903
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learning. The paper presents, thus, an evolutionary underpinning for the behavioral tendencies underlying my theory of custom. …
Persistent link: https://www.econbiz.de/10012597793
an analytical theory of the relation between resource abundance and the rate of return available under differing …
Persistent link: https://www.econbiz.de/10013117373
research framework based on grounded theory is applied in order to understand the phenomenon of the institutional gap in … international transactions. Moreover, evolutionary theory is considered to represent a useful theoretical approach in order to …
Persistent link: https://www.econbiz.de/10012725527
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