Showing 1 - 10 of 665,679
theory of innovation and later - based on Penrose - to resource-based theories of the firm. In this the dynamic process of … theory of the firm. …
Persistent link: https://www.econbiz.de/10010270409
How effective institutions come about and how they change are fundamental questions for economics and social science more generally. We show that these questions were central in the deliberations of lawyers in 17th century England, a critical historical juncture that has motivated important...
Persistent link: https://www.econbiz.de/10014133038
the Darwinian scheme of ‘descent with modification' kept him from devising a systematic theory of the different socio …-economic systems he studied. This shortcoming is more evident in his analysis of capitalism, which not only lacks an elaborated theory …
Persistent link: https://www.econbiz.de/10013150395
There are several ways to incorporate evolutionary concepts into economic thinking. This article reviews the most important transfers of this kind into evolutionary economics. It broadly differentiates between approaches that draw on an analogy construction to the biological sphere, those that...
Persistent link: https://www.econbiz.de/10010436762
This paper sheds new light on the concept of selection in evolutionary economics. The interpretation of natural evolution has experienced significant changes in the last decades, while these developments have been often ignored by economists. This is especially true for the concept of selection,...
Persistent link: https://www.econbiz.de/10009736801
the study of economic development on the basis of multi-level selection theory. Conceptualizing economic development in …
Persistent link: https://www.econbiz.de/10014198364
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....
Persistent link: https://www.econbiz.de/10008758980
evolutionary biology in economic analysis. In this paper, we review the extent to which evolutionary theory has been incorporated …
Persistent link: https://www.econbiz.de/10012991903
methodology, the history of economic thought and social theory more broadly. Hodgson's reputation as a prolific and important …
Persistent link: https://www.econbiz.de/10012866139
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