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of evolution is suggested that is based on a few, abstract, common principles which all domain-specific evolutionary …How relevant is the notion of evolution for economics? In view of the paradigmatic influence of Darwinian thought …-specific evolutionary processes are connected. As an answer, an evolutionary continuity hypothesis is postulated and its concrete economic …
Persistent link: https://www.econbiz.de/10005588062
Qualitative change is widely recognized as a defining feature of evolution. Schumpeter and Georgescu-Roegen put it at … change, their joint approach provides answers as to (i) why an evolutionary analysis has to necessarily apply a varied less … formal set of methods as compared to modern static and dynamic analysis, (ii) why an evolutionary analysis is a necessary …
Persistent link: https://www.econbiz.de/10011114828
economics. It places behavioral economics, experimental economics, evolutionary economics, ecological economics, new …
Persistent link: https://www.econbiz.de/10005619939
The gap between evolutionary and neoclassical economics remains large. This article proposed that the gap can be … narrowed by evolutionary economies developing process theories that can provide evolutionary theoretical foundations for formal …-advantage theory," can provide an evolutionary, theoretical foundation for formal models of endogenous economic growth. …
Persistent link: https://www.econbiz.de/10005466777
In the last two decades there has been a noticeable increase in published research in evolutionary economics. The idea … over concern with formalization issues among evolutionary researchers. The general perception is that formalization lags … work presents a comprehensive survey on evolutionary economics, intending at exploring the main research paths and …
Persistent link: https://www.econbiz.de/10010266721
In the last two decades there has been a noticeable increase in published research in evolutionary economics. The idea … over concern with formalization issues among evolutionary researchers. The general perception is that formalization lags … work presents a comprehensive survey on evolutionary economics, intending at exploring the main research paths and …
Persistent link: https://www.econbiz.de/10005765378
Persistent link: https://www.econbiz.de/10005537679
Popper´s evolutionary theory of knowledge and learning. We claim that the latter provides macroeconomics with an … epistemological and ontological foundation that, unlike REH, takes full account of human fallibility and upon which economists can …
Persistent link: https://www.econbiz.de/10011079167
economic methodology in view of (i) their contribution to the foundations of an evolutionary analysis in economics and (ii … between stationary and evolutionary economy on the level of subject matter are shown to be decisive for the structure of his … analytical system and the determination of an evolutionary analysis on its basis. It is further shown that Georgescu …
Persistent link: https://www.econbiz.de/10010296808
In the history of economic thought Walter Eucken is mostly known for his impact in establishing the Social Market Economy in post-war Germany. Even though there is a growing interest in his ideas especially from an Austrian and a Constitutional Economics perspective, his influence on the...
Persistent link: https://www.econbiz.de/10010330302