Showing 1 - 10 of 191
In this work we discuss the main building blocks, achievements and challenges of an evolutionary interpretation of the relation between mechanisms of coordination and drivers of change in modern economies, seen as complex evolving systems. It is an evident stylised fact of modern economic...
Persistent link: https://www.econbiz.de/10011565231
Persistent link: https://www.econbiz.de/10011335230
Economic theories of managing renewable resources, such as fisheries and forestry, traditionally assume that individual harvesters are perfectly rational and thus able to compute the harvesting strategy that maximizes their discounted profits. The current paper presents an alternative approach...
Persistent link: https://www.econbiz.de/10011316860
This work presents the evolutionary growth theory, which studies the drivers and patterns of technological change and production together with the (imperfect) mechanisms of coordination among a multitude of firms. This requires to studies economies as complex evolving systems, i.e. as ecologies...
Persistent link: https://www.econbiz.de/10014464394
Persistent link: https://www.econbiz.de/10000956187
Persistent link: https://www.econbiz.de/10013501176
Persistent link: https://www.econbiz.de/10013502133
Persistent link: https://www.econbiz.de/10009577686
Persistent link: https://www.econbiz.de/10010226095
<Para ID="Par1">Dopfer and Potts (<CitationRef CitationID="CR16">2008</CitationRef>) have proposed a new analytic foundation to evolutionary economics based on the unified rule approach. While they contend that their approach is ontologically and analytically coherent and useful, scholars sympathetic with it, e.g., Ostrom and Basurto (<CitationRef CitationID="CR27">2011</CitationRef>), have called...</citationref></citationref></para>
Persistent link: https://www.econbiz.de/10011152317