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or refer to Darwin. We focus on the attitude of economists towards Darwin's theory of social evolution - an issue he … considered as central to his theory. We show that economists refer to and mention Darwin as a biologist and neglect or ignore his … theory of social and cultural evolution. Three types of reference are identified: first, economists view and quote Darwin as …
Persistent link: https://www.econbiz.de/10010266698
This paper incorporates aspects of humans' evolved cognition into a formal model of cultural evolution and scrutinizes their interactions with population-level processes. It is shown how the biased transmission of different kinds of behavior via cultural learning processes influences agents'...
Persistent link: https://www.econbiz.de/10010266741
An evolutionary perspective on economic behavior has to account for the influences that the human genetic endowment has on the choices the agents make. Likely to have been fixed in times of fierce selection pressure, this endowment is presumably adapted to the living conditions of early humans....
Persistent link: https://www.econbiz.de/10010286736
It has been suggested that, by generalizing Darwinian principles, a common foundation can be derived for all scientific disciplines dealing with evolutionary processes, especially for evolutionary economics. In this paper we show, however, that the principles of such a Generalized Darwinism are...
Persistent link: https://www.econbiz.de/10010281846
considerations and pattern formation are important. We believe that the extension of Turing analysis and the theory associated with …
Persistent link: https://www.econbiz.de/10010312617
As emphasised in the beginning, the considerations presented here are very preliminary by nature. Nevertheless, some of the aspects discussed seem worth summarising. First, financial markets worldwide show a tendency of asymmetric regional " clustering" with newly emerging places challenging the...
Persistent link: https://www.econbiz.de/10010295362
Wirtschaften vollzieht sich unzweifelhaft in der Zeit - aber kann man aus dieser Tatsache wirklich einen direkten Analogieschluss zwischen der natürlich-biologischen Evolution und dem Wirtschaftsprozess ziehen? Müßte dazu nicht nur sowohl das begriffliche als auch das methodische Arsenal der...
Persistent link: https://www.econbiz.de/10010296823
Growth dynamics and structural change are the two central features of variation / selection processes within populations. This paper explores them in terms of three themes, or sets of accounts, namely Logistic Growth Accounting, Competition Accounting and the Price Theorem. The accounting...
Persistent link: https://www.econbiz.de/10010327343
discusses three very old cosmologies in Western thought, how these play out in economic theory, and how evolutionary biology can … help evaluate their validity and policy relevance. These cosmologies, as manifested in economic theory are, (1) rational …
Persistent link: https://www.econbiz.de/10010327358
abstract that it is bereft of any substance and content and, as such, of little use in guiding further theory development. If … going from such a formulation to a full-fledged economic theory is called a matter of adding details, the devil surely is in …
Persistent link: https://www.econbiz.de/10010266735