The paper discusses recent trends in the sister sciences of evolutionary economics andcomplexity economics. It suggests that a unifying approach that marries the two strands isneeded when reconstructing economics as a science capable of tackling the two key questions ofthe discipline: complex...

We introduce a stochastic game in which transition probabilitiesdepend on the history of the play, i.e., the players’past action choices.To solve this new type of game under the limiting average reward crite-rion, we determine the set of jointly-convergent pure-strategy rewardswhich can be...

There is currently much hope about environmental innovation and green technologies, notablyas a response to the threat of climate change. This paper offers a critical perspective on the roleof technological innovation to solving environmental problems, based on considering empiricaleconomic...

Behavioral (e.g. consumption) patterns of boundedly rational agents can lead these agents intolearning dynamics that appear to be “wasteful” in terms of well-being or welfare. Within settingsdisplaying preference endogeneity, it is however still unclear how to conceptualize well-being.This...

The aim of this paper is to account for both the short-run uctuations and thevery-long run transformations induced by technological change in analysing long-rungrowth patterns. The paper investigates the possible imprint left by short-run uctuationson the long run dynamics by aecting the...

Despite lower incomes, the self-employed consistently report higher satisfaction with theirjobs. But are self-employed individuals also happier, more satised with their lives as awhole? High job satisfaction might cause them to neglect other important domains of life,such that the fullling job...

The debate on the ontological foundations of evolutionary economics has reached a stagewhere discussions of these foundations are increasingly leading to the conclusion that there isa need to move from considerations of the general principles of evolutionary theory to thedevelopment of concrete...

Inter-rm competition has received much attention in the theoreticalliterature, but recent empirical work suggests that the growth rates of ri-val rms are uncorrelated, and that rm growth can be taken as an essen-tially independent process. We begin by investigating the correlations of thegrowth...

An evolutionary perspective on economic behavior has to account for the influences that thehuman genetic endowment has on the choices the agents make. Likely to have been fixed intimes of fierce selection pressure, this endowment is presumably adapted to the livingconditions of early humans. If...

The possibility of the “rebound effect” to technological progress has triggered a debatein energy economics concerning the usefulness of the promotion of efficiency progress. Until now,a multitude of empirical evidence has been gathered so to assess the magnitude of the effect in thefirst...