The Evolution of Scientific Knowledge aims to reach a unique understanding of science with the help of economic and sociological theories. The economic theories used are institutionalist and evolutionary. The sociological theories draw from the type of work on social studies of science that...

This important book analyses evolutionary approaches to economic policy. Its main purpose is to explore the policy implications of evolutionary economics, in particular of approaches inspired on the one hand by Schumpeter and revived by Nelson and Winter which deal with industrial evolution...

This book presents a concept of interactive economic institutions and systems, considered by the author to be a bottleneck to scientific progress. In the author's evaluation of contemporary institutional economics, the focus is on the interaction of complex economic structures in terms of their...

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...

The transfer study, a technique used in cost-benefit analysis, is an increasingly important tool used by government agencies to assess environmental regulatory policy. This innovative book develops protocols for using the transfer method to approach environmental problems and introduces several...

This book explores frontier work at the intersection of experimental and environmental economics, with cutting edge research provided by premier scholars in the field. The book begins by focusing on improving benefit-cost analysis, which remains the hallmark of public policy decision-making...

1. Evolutionary method in law and economics -- 2. Causes and consequences of the widening of the market: a case of cumulative economic evolution -- 3. The corporate form and the state -- 4. Interstate commerce and state regulation of business -- 5. Interstate commerce and federal regulation of...

1. Introduction -- 2. Evolutionary economics -- 3. Environmental policy and transition management from an evolutionary perspective -- 4. Evolutionary policy for energy innovations -- 5. Case studies -- 6. Summary and conclusions.

Property Rights, Consumption and the Market Process extends property rights theory in new and exciting directions by combining complementary insights from Austrian, institutional and evolutionary economics. Mainstream economics tends to analyse property rights within a static equilibrium...

Hayek's theory of cultural evolution has always generated controversy. Interest in Hayek's theory, and others' analysis and criticism of it, has been rising of late. This volume urges a reconsideration of Hayeks' theory of evolution and aims to explore the relevance of Hayek's theory for its own...