Bergh, Jeroen C. J. M. van den; Gowdy, John M. - In: Cambridge Journal of Economics 27 (2003) 1, pp. 65-84
We consider the microfoundations controversy from the perspective of economic evolution. Although the analogy between biology and economics has been noted before, it has rarely focused on clarifying the micro--macro distinction in economic theory and modelling. The micro--macro debate is more...