Evolutionary economics is a vital, expanding field of research focusing on the incessant transformation of the economy and its driving forces. Exploring the most recent research trends in the field, this volume presents a high quality set of papers indispensable to scholars and researchers...

Recommended readings (Machine generated): Veblen, T. (1898), "Why is Economics Not an Evolutionary Science?" Quarterly Journal of Economics, -- Marshall, A. (1961[1890]), Principles of Economics, London: Macmillan -- Hodgson, G.M. (1993), Economics and Evolution: Bringing Life Back into...

Strong growth in disposable income has inflated consumption to unprecedented, but not sustainable levels. In this process consumer behavior has been changing. To explain the driving forces of this development, the paper introduces a theory of evolving consumer preferences that is molded in an...