Showing 1 - 10 of 4,196
Persistent link: https://www.econbiz.de/10013521193
Classical microeconomics is intended to explain how a price system is able to coordinate the economic agents. But even if it can be extended to incomplete information and externalities, it remains grounded on very heroic assumptions. Agents are endowed with a very strong rationality, equilibrium...
Persistent link: https://www.econbiz.de/10013520501
framework of game theory in order to better fit with the results of rapidly increasing laboratory experiments concerned with …
Persistent link: https://www.econbiz.de/10013520755
There is continuing debate about what explains cooperation and self-sacrifice in nature and in particular in humans. This paper suggests a new way to think about this famous problem. I argue that, for an evolutionary biologist as well as a quantitative social scientist, the triangle of two...
Persistent link: https://www.econbiz.de/10010235846
This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human...
Persistent link: https://www.econbiz.de/10009530758
This paper studies how an institution such as markets affects the evolution of mankind. My key point is that the forces of natural selection are made weaker because trade allows people to specialize in those activities where they are strong, and to offset their weaknesses by purchasing adequate...
Persistent link: https://www.econbiz.de/10011414433
Corporate success often resembles a snowball. We show how initial luck in hiring talented people, the resulting technological advantage, superior corporate culture, and status-seeking by workers can make small initial differences generate large differences over time.
Persistent link: https://www.econbiz.de/10002526021
This volume presents empirical studies and theoretical reflections on Evolutionary Governance Theory (EGT), its most … important concepts and their interrelations. As a novel theory of governance, EGT understands governance as radically …
Persistent link: https://www.econbiz.de/10012401994
This paper studies aggregate dynamics in a cobweb model where learning takes place through a selection mechanism, by which more successful firms are replicated at a higher rate. The structure of the model allows to characterize analytically the aggregate dynamics, and to compute the effect on...
Persistent link: https://www.econbiz.de/10010440555
Wissenschafts- und handlungstheoretische Fundierungen von Steuerwirkungstheorien -- Erkenntniskritische Analyse neoklassischer Steuerwirkungstheorie -- Entwicklung und kritische Prüfung einer abweichenden evolutorischen Steuerwirkungstheorie -- Theorietranszendenter Vergleich beider Ansätze. .
Persistent link: https://www.econbiz.de/10014018635