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alternative evolutionary explanation of EU regional policy which is able to overcome the theory-immanent contradiction of the …
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In this work we discuss the main building blocks, achievements and challenges of an evolutionary interpretation of the relation between mechanisms of coordination and drivers of change in modern economies, seen as complex evolving systems. It is an evident stylised fact of modern economic...
Persistent link: https://www.econbiz.de/10011565231
A dynamic microeconomic model is presented that establishes the price and unit sales evolution of heterogeneous goods consisting of successive homogenous product generations. It suggests that for a fast growing supply the mean price of the generations are governed by a logistic decline towards a...
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This paper clarifies a common misrepresentation of our theory of capital as power, or CasP. Many observers tend to box … CasP as an "institutionalist" theory, tracing its central process of "differential accumulation" to Thorstein Veblen … not Veblenians and certainly not institutionalists: Veblen's theory was evolutionary, while CasP is deeply dialectical …
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economic policy which is able to overcome the theory-immanent contradiction of the hitherto evolutionary view on this subject. …
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This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of … evolutionary theory of household behavior is to improve upon the neoclassical theory of household behavior by replacing the …
Persistent link: https://www.econbiz.de/10010390070