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China’s Creative Industries explores the role of new technologies, globalization and higher levels of connectivity in re-defining relationships between ‘producers’ and ‘consumers’ in 21st century China. The evolution of new business models, the impact of state regulation, the rise of...
Persistent link: https://www.econbiz.de/10009438197
This paper revisits the welfare economics of fashion from the standpoint of evolutionary economics. Whilst accepting …
Persistent link: https://www.econbiz.de/10009447954
systems. This paper uses the micro meso macro analytical framework from evolutionary economics to provide a new view of …
Persistent link: https://www.econbiz.de/10009448416
The applicability of complex systems theory in economics is evaluated and compared with standard approaches to economic … argued that much of heterodox thought, particularly in neo-Schumpeterian and neo-Austrian evolutionary economics, can be …
Persistent link: https://www.econbiz.de/10009479538
A methodology is offered which can be used to construct an econometric model in the presence of structural change of an evolutionary type. The theoretical basis for such modelling is drawn from the self-organisation approach and operationalised in the context of the logistic diffusion growth...
Persistent link: https://www.econbiz.de/10009448572
Learning processes are widely held to be the mechanism by which boundedly rational agents adapt to environmental changes. We argue that this same outcome might also be achieved by a different mechanism, namely specialisation and the division of knowledge, which we here extend to the consumer...
Persistent link: https://www.econbiz.de/10009448633
-Marshallian general equilibrium analysis which has become so popular in modern neoclassical economics. Neither can we embrace new … modern context for the revitalization of older traditions in economics and political economy that stress the fact that …
Persistent link: https://www.econbiz.de/10009448733
Building on recent work in economic geography, evolutionary economics, and international business, I examine how firms …
Persistent link: https://www.econbiz.de/10009455277
order economics.I develop an artificial society in which virtual agents pursue productive, thoughinherently accident prone … their likelihood. First, Iemploy empirical techniques based on neoclassical theory and fit regression models tosimulation … neoclassical theory predicts otherwise, and negligence rules differin their ability to rid society of negligent behavior …
Persistent link: https://www.econbiz.de/10009458925
economics as a 'purely formal science of implications'. Souter elaborated on Marshall's invocations progressively to increase … this and other matters Souter has priority in drawing attention to Marshall's incipient 'evolutionary economics'. …
Persistent link: https://www.econbiz.de/10009480712