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 …

approach of the Austrian School of Economics regarding a theory of justice and argues that changes in property rights can only …

This Essay examines Richard Posner's critique of F.A. Hayek's legal theory and contrasts the two thinkers' very …

features. For this purpose, Carl Menger's theory of goods is taken as a starting point. Whereas economists after the … 'marginalistic revolution' were almost exclusively concerned with the determinants of exchange value and developing price theory … connection between Menger's 19th century theory of goods and 20th century learning theories is established. The problem of how to …

features. For this purpose, Carl Menger's theory of goods is taken as a starting point. Whereas economists after the … 'marginalistic revolution' were almost exclusively concerned with the determinants of exchange value and developing price theory … connection between Menger's 19th century theory of goods and 20th century learning theories is established. The problem of how to …

provision are so unusual that neoclassical theory is especially unsuited to the area. Even mainstream health economists often …

The purpose of this paper is to contribute to recent efforts to ground evolutionary theory in economics in the … theory of biological evolution, both of which are consistent with the principles of Universal Darwinism. It is argued that … evolutionary theory of the firm. This claim is substantiated empirically by analysing a crucial episode in the history of the …

economics, for a form of ‘political economy': economists should use theory to generalise what facts tell us rather than trying …