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At the origins of Engel curves estimation

Chai, Andreas; Moneta, Alessio - 2008

, Engel devised a quasi-behavioral theory of consumption centered on the concept of wants to justify and explain his empirical … results which he used to asses population living standards. Although incomplete, Engel's consumption theory tackles a much … neglected issue in consumption theory: what accounts for the manner in which consumption patterns change as income rises. …

Persistent link: https://www.econbiz.de/10010266708

Patience, Fish Wars, rarity value & Allee effects

Joosten, Reinoud - 2007

In a Small Fish War two agents interacting on a body of water have essentially two options: they can fish with restraint or without. Fishing with restraint is not harmful; fishing without yields a higher immediate catch, but may induce lower future catches. Inspired by recent work in biology, we...

Persistent link: https://www.econbiz.de/10010266711

From group selection to organizational interactors

Hodgson, Geoffrey M.; Knudsen, Thorbjørn - 2007

more that a "dual inheritance" theory; we have to consider the replication of social positions and routines as well. …

Persistent link: https://www.econbiz.de/10010266712

Emergent cultural phenomena and their cognitive foundations

Cordes, Christian - 2007

between individual cognitive dispositions at the micro level and cultural phenomena at the macro level, the theory of gene …

Persistent link: https://www.econbiz.de/10010266713

Localized technological knowledge: pecuniary knowledge externalities and appropriability

Antonelli, Cristiano - 2007

Recent advances in the economics of knowledge highlight the key role of pecuniary knowledge externalities in explaining the system dynamics of total factor productivity growth. When non-exhaustible technological knowledge is an input both in the production of new goods and of further knowledge,...

Persistent link: https://www.econbiz.de/10010266717

Firm growth: a survey

Coad, Alexander - 2007

We survey the phenomenon of the growth of firms drawing on literature from economics, management, and sociology. We begin with a review of empirical 'stylised facts' before discussing theoretical contributions. Firm growth is characterized by a predominant stochastic element, making it difficult...

Persistent link: https://www.econbiz.de/10010266720

Division of labor, economic specialization and the evolution of social stratification

Henrich, Joseph; Boyd, Robert - 2007

This paper presents a simple mathematical model that shows how economic inequality between social groups can arise and be maintained even when the only adaptive learning processes driving cultural evolution increases individual's economic gains. The key assumption is that human populations are...

Persistent link: https://www.econbiz.de/10010266722

Output dynamics, flow equilibria and structural change: a prolegomenon to evolutionary macroeconomics

Witt, Ulrich; Brenner, Thomas - 2007

In an evolutionary approach to macroeconomics, the market disequilibrium dynamics resulting from structural change need to be properly represented at the aggregate level. As suggested by the late F.A.Hayek, a suitable equilibrium concept required to this end as a frame of reference, is that of a...

Persistent link: https://www.econbiz.de/10010266723

Evolutionary economics and psychology

Witt, Ulrich - 2006

being founded on a proper theory of economic behavior. The paper discusses these foundations. It is argued that the …

Persistent link: https://www.econbiz.de/10010266724

Managing the evolution of cooperation

Dormann, Julian; Ehrmann, Thomas - 2008

Management scholars have long stressed the importance of evolutionary processses for inter-firm cooperation but have mostly missed the promising opportunity to incorporate ideas from evolutionary theories into the analysis of collaborative arrangements. In this paper, we first present three...

Persistent link: https://www.econbiz.de/10010266728