Showing 1 - 10 of 297
Persistent link: https://www.econbiz.de/10014199431
We present the theory of the collaborative innovation bloc (CIB), an evolving system of innovation within which activity takes place over time. We show how the application of the CIB perspective can help make institutional and evolutionary economics more concrete, relevant, and persuasive,...
Persistent link: https://www.econbiz.de/10012846663
Our purpose here is to engage in a cross-disciplinary discussion between Austrian economics and social network theory. In particular, we ask what role social networks play in the extended order, in regard to both individual discovery and whether social networks can be the source of widespread...
Persistent link: https://www.econbiz.de/10012751672
Decline and break-up of institutionalized cooperation, at all levels, has occurred frequently. Some of its concomitants, such as international migration, have become topical in the globalized world. Aspects of the phenomenon have also become known as failing states. However, the focus in most...
Persistent link: https://www.econbiz.de/10014497537
Competition among firms has been suggested to reflect the ruthless logic of Darwinian selection: a free market is a struggle for survival, in which successful firms survive and unsuccessful ones die. This view appears to bolster three pillars of neoclassical economics: (1) that economic actors...
Persistent link: https://www.econbiz.de/10011048085
In arguing that borders not only should be understood as economic barriers to trade, but also <p> as cultural barriers to interaction, this paper attempts to operationalize a broader interpretation of <p> borders with regards to economic cross-cultural integration. Thus, by formalizing the cultural <p>...</p></p></p>
Persistent link: https://www.econbiz.de/10005652443
We develop a theory of economic organization grounded in the naturalistic paradigm currently emerging at the intersection of biology and the behavioral and social sciences. The crux of this approach is the recognition that an understanding of the evolutionary origins of human organizational...
Persistent link: https://www.econbiz.de/10010678978
This article aims to clarify the case and the mechanism where sanction or punishment by institution can deliver the evolution of cooperation. Compared to peer sanctioning, institutional sanctioning may be sensitive to players' attitude toward players who do not pre-commit punishment. Departed...
Persistent link: https://www.econbiz.de/10014187284
Yang et al. (2007) show that assortative matching mechanisms can induce a high level of cooperation to prevail in repeated prisoners’ dilemma experiments, but societies may also head to an all-defection state rapidly. Here, we additionally provide information on income distribution and show...
Persistent link: https://www.econbiz.de/10014198585
In this essay I discuss the role of cooperation in the process of innovation. I argue for a reorientation of the way we conceptualize economic behavior, taking account of the centrality of cooperation as a driving force of economic dynamism. I also seek to distinguish between different forms of...
Persistent link: https://www.econbiz.de/10014172062