We propose that a deeper integration still between psychology and evolutionary economics has value to offer by offering us a deeper perspective on the dynamics that underlie the behaviour that drives evolutionary change. We introduce psychological perspectives on the behaviour whereby change is...

This paper makes use of evolutionary, institutional and behavioural economics to develop a theory of the non-survival of dominant socioeconomic organisations with market power – the failure of monopolies. Using New Institutional Economics we demonstrate the necessity of hierarchy in massive...

In this paper we develop a theory of the psychological preconditions for greater survival in complex evolving socioeconomic systems ordered by radically uncertain institutions. We introduce the notion of the antifragile personality, whose personal knowledge of how and why to act in the world...

The world stands in the shadow of two great characters on the stage of history. Our steadily concentrating distribution of income, and our extraordinary information communication technology. In this little essay we shall make use of a new theoretical view of economic systems as network...

This paper proposes a model of the psychology of behaviour in which theories of economic behaviour based on the assumption of substitutability may coexist with theories based on the assumption of non-substitutability. The whole spectrum of possibilities for substitutability between courses of...

We introduce a theory of return-seeking firms to study the differences between this and profit-maximising models. A return-seeking objective takes into account the opportunity cost of each additional resource input to a firm's production as being a potential capital input choice in an...

We develop an integrated, holistic and systematic model of behavioural change in fixed psychologies by making use of a model of the psychology of behaviour. We identify and explain three simple and comprehensive means by which behavioural change is affected by the interaction of the individual's...

In this paper we shall make use of a new theory of economic systems as networks formed by individuals acting on the basis of their psychology and social position (Markey-Towler, 2016) to obtain a new vision of the diffusion of behavioural change and the role of narratives (Shiller, 2017)...

The purpose of this essay is to develop a view of the process by which the individual becomes persuaded to accept an idea in the process of reasoning in the public sphere as part of the competition between ideas. It makes use of a model of the human mind, psychology and behaviour developed by...