Recent advances in evolutionary theory have important implications for environmental economics. A short overview is offered of evolutionarythinking in economics. Subsequently, major concepts and approaches inevolutionary biology and evolutionary economics are presented andcompared. Attention is...

Using Simon's concept of nested hierarchies, this paper advances a new synthesis for understanding how and why the discontinuous change processes of punctuated equilibrium may occur in socio-economic settings. A. key concept is the nested, multilevel organization of 'deep structure', the order...

Drawing insights from liability of foreignness, the punctuated equilibrium modeland the resource-based view, this dissertation develops an integrated model to identifythe successful strategies and characteristics of both domestic and foreign firms operatingin emerging markets, affected by...

The Estimates of National Expenditure in South Africa were analysed over a five-year period to determine the extent and nature of budget variation at national level. These estimates are of importance to managers in the public service and to theoreticians in Public Administration and related...

We consider the microfoundations controversy from the perspective of economic evolution. Although the analogy between biology and economics has been noted before, it has rarely focused on clarifying the micro-macro distinction in economic theory and modelling. The micro-macro debate is more...