Evolution in Markets and Institutions

Evolutionary economics is the most challenging unorthodox approach to economic theory that has been developed in the last decades. The present volume offers a survey as well as a carefully selected sample of important new insights from a broad range of topics in economics: the dynamics of institutional change - aggregate employment effects of diffusing innovations - institutional regimes of long run growth - indeterminacies resulting expectation formation in the economy - the synergetic approach and its application to market morphology. The volume documents a variety of modeling tools in evolutionary economics and offers a series of stimulating hypotheses and research results. Its reading is a 'must' for all scholars with an interest in economic change.

Product details

• Publisher: Physica Verlag
• Languages: English
• Product format: Hardback
• Released: 01.01.1993
• EAN: 9783790807073
• ISBN: 978-3-7908-0707-3
• No. of pages: 120
• Weight: 332 g
• Illustrations: w. 44 figs.