Showing 1 - 10 of 18
Persistent link: https://www.econbiz.de/10001526743
Agents interacting on a body of water choose between technologiesto catch …sh. One is harmless to the resource, as it allows full recovery;the other yields high immediate catches, but low(er) future catches.Strategic interaction in one ‘objective’resource game may induceseveral ‘subjective’...
Persistent link: https://www.econbiz.de/10009138584
Strong growth in disposable income has driven, and is still driving, consumption to unprecedented,but not sustainable levels. To explain the dynamic interplay of needs, need satisfaction, andinnovation underlying that growth a behavioral theory of consumption is suggested and discussedwith...
Persistent link: https://www.econbiz.de/10009138589
The paper discusses recent trends in the sister sciences of evolutionary economics andcomplexity economics. It suggests that a unifying approach that marries the two strands isneeded when reconstructing economics as a science capable of tackling the two key questions ofthe discipline: complex...
Persistent link: https://www.econbiz.de/10009138592
There is currently much hope about environmental innovation and green technologies, notablyas a response to the threat of climate change. This paper offers a critical perspective on the roleof technological innovation to solving environmental problems, based on considering empiricaleconomic...
Persistent link: https://www.econbiz.de/10009138614
The debate on the ontological foundations of evolutionary economics has reached a stagewhere discussions of these foundations are increasingly leading to the conclusion that there isa need to move from considerations of the general principles of evolutionary theory to thedevelopment of concrete...
Persistent link: https://www.econbiz.de/10009138618
Inter-rm competition has received much attention in the theoreticalliterature, but recent empirical work suggests that the growth rates of ri-val rms are uncorrelated, and that rm growth can be taken as an essen-tially independent process. We begin by investigating the correlations of thegrowth...
Persistent link: https://www.econbiz.de/10009138619
An evolutionary perspective on economic behavior has to account for the influences that thehuman genetic endowment has on the choices the agents make. Likely to have been fixed intimes of fierce selection pressure, this endowment is presumably adapted to the livingconditions of early humans. If...
Persistent link: https://www.econbiz.de/10009138620
Inspired by Peter Godfrey-Smith's book Darwinian Populations and Natural Selection (2009), the paper seeks to develop a view on Darwinizing evolutionary economics that differs from the view espoused in Hodgson and Knudsen project of Generalized Darwinism. It is argued that on Hodgson and...
Persistent link: https://www.econbiz.de/10009138622
In recent years, economists have attempted to explain the rising levels of obesitynot only in the U.S. during the last three decades but in many developed countries. Forthe most part, these economists’ models have utilized neoclassical economic tools andrelied on the conventional wisdom of...
Persistent link: https://www.econbiz.de/10009138627