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Evolutionary economics implicitly deals with generic analysis of economic processes, but thus far there have been relatively few attempts to make this stream of thought and analysis explicit within a common theoretical framework. This book explores the foundational principles of evolutionary institutional economics, with the aim of establishing common ground for scientific self-sufficiency and openness to pluralism, and of establishing the theoretical, analytical and methodological categories of a Generic Institutionalism.
List of contents
Introduction: Evolutionary Economic Programs Part I: Evolution: Ontological Foundations 1. Ontologies and heuristics 2. Dualistic approaches 3. Naturalistic approaches 4. Remarks and reflections on Part I Part II: Institutions: Generic Heuristics 5. What are institutions? 6. Veblen heuristics 7. Hayek heuristics 8. Schumpeter heuristics 9. Bourdieu heuristics 10. Synthesizing heuristics with generic rules 11. Remarks and reflections on Part II Part III: Complexity: Methodological Considerations 12. From semantic to synthetic programming 13. An agent-based model of institutional change 14. Power within nethworks 15. Remarks and reflections on Part III Part IV: Policy Realms 16. Institutions, technology and nature 17. Evolutioin of credit-rules 18. Democracy in practice
About the author
Manuel Wäckerle is a lecturer and research assistant at the Vienna University of Economics and Business, Austria.