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Persistent link: https://www.econbiz.de/10003963296
sellers can switch to market research or refrain from it depending on the difference in profits of informed and uninformed …. -- evolution ; oligopoly ; market research ; private information …
Persistent link: https://www.econbiz.de/10009612010
The endowment effect describes the fact that people demand much more to give up an object than they are willing to spend to acquire it. The existence of this effect has been documented in numerous experiments. We attempt to explain this effect by showing that evolution favors individuals whose...
Persistent link: https://www.econbiz.de/10009657123
Theory, Oxford: Oxford University Press -- Witt, U. (2008), "What is Specific About Evolutionary Economics?" Journal of … Evolutionary Economics, 18, 547-575 -- Schumpeter, J.A. (1934[1912]), Theory of Economic Development, Cambridge, MA: Harvard … University Press (first published as Theorie der Wirtschaftlichen Entwicklung, 1912) -- Schumpeter, J.A. (1908), Das Wesen und …
Persistent link: https://www.econbiz.de/10012419891
European integration -- 5. Schumpeter's theory of economic development revisited -- 6. Skunk works : a sign of failure, a sign …
Persistent link: https://www.econbiz.de/10012419964
Drawing upon evolutionary economics and resource-based approaches, the author utilises US patent data from 1930-1990 to examine the persistence of corporate technological competencies and their gradual erosion through diversifying incremental change. The book explores the changing nature of this...
Persistent link: https://www.econbiz.de/10014473748
Since the 1980s there has been a renewed interest in attempts to introduce a sense of history into economic literature. In this book, the authors argue that it is not possible to explain a state of the world without first analysing the processes that lead to that state. The contributions...
Persistent link: https://www.econbiz.de/10014473825
Firm Size, Innovation and Market Structure uses evolutionary dynamic theory, non-linear mathematics and computer …
Persistent link: https://www.econbiz.de/10014473868
evolutionary economics who apply cutting-edge research to one of the most controversial issues of our day, namely, the role of the … state. The authors offer a sound methodological guide to the research in this fast-evolving area of economics. They provide …
Persistent link: https://www.econbiz.de/10014473878
theory to be consistent with the mechanisms which guide the workings of the human mind. The author begins by presenting an …
Persistent link: https://www.econbiz.de/10014473882