Institutional and evolutionary economists have recognized that organizations are social as well as economic entities, but in modern evolutionary theories of the firm the social aspect of economic organization is typically lost. This is a result of the fact that these theories take the existence...

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....