Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10013535894
In this paper we try to raise the question if it would be possible to create a distinctly sociological version of game theory, and what such a theory might look like. By a distinctly sociological version of game theory we mean a game theory that has been developed, methods and all, with...
Persistent link: https://www.econbiz.de/10010930405
This paper builds on previous work within the conceptual framework of a generalized Darwinism that clarifies such concepts as selection and replication. One of its aims is to refine the concept of the interactor. An overview of the conditions under which group selection may occur helps us...
Persistent link: https://www.econbiz.de/10010266712
Persistent link: https://www.econbiz.de/10003545579
Persistent link: https://www.econbiz.de/10014465956
This article discusses the limits of a purely transaction cost explanation of the existence of the firm by pointing to additional factors. A simple heuristic model shows that firm-specific learning effects can overcome the costs of monitoring employees, and explain the existence of the firm even...
Persistent link: https://www.econbiz.de/10008578874
This paper explores the interconnections between two of Herbert Simon's key concepts, bounded rationality and decomposability, and show how this unity provides the starting point for merging cognitively focused approaches to behavioral economics with evolutionary/institutional economics into a...
Persistent link: https://www.econbiz.de/10009447955