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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 …
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insights and on developments in evolutionary theory, offer challenging views on how economics can use evolutionary ideas …
Persistent link: https://www.econbiz.de/10011850720
The notion and interpretation of path dependence have been discussed and utilized in various social sciences during the last two decades. This innovative book provides significant new insights onto how the different applications of path dependence have developed and evolved. The authors suggest...
Persistent link: https://www.econbiz.de/10011850843
complex system theory. The authors argue that modern evolutionary economics is at a crossroads. At a theoretical level, modern … "complex adaptive systems" and self-organisation. On an applied level, new and innovative methods of empirical research are … : some evidence from the first IT regime -- 7. An evolutionary approach to the theory of entrepreneurship -- 8. Shakeout in …
Persistent link: https://www.econbiz.de/10011850919
This book applies ideas and methods from the complexity perspective to key concerns in the social sciences, exploring co-evolutionary processes that have not yet been addressed in the technical or popular literature on complexity. Authorities in a variety of fields--including evolutionary...
Persistent link: https://www.econbiz.de/10011851000
evolutionary economists identify the most important developments and discuss the direction of future research. By moving away from …
Persistent link: https://www.econbiz.de/10011851449