ENGLISH

Evolution in Markets and Institutions

By Ulrich Witt (auth.) , Prof. Dr. Ulrich Witt (eds.)

Book information

Publisher
Physica-Verlag Heidelberg
Year
1993
ISBN
978-3-642-50067-1, 978-3-642-50065-7
DOI
10.1007/978-3-642-50065-7
Language
english
Format
PDF
Filesize
3 MB (3485614 bytes)
Edition
1
Pages
120\121
Time added
2013-12-12 02:00:00
Economics general

Description

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 - indeterminaciesresulting expectation formation in the economy - the synergetic approach and its application to market morphology. The volume documentsa variety of modeling tools in evolutionary economics and offers a series ofstimulating hypotheses and research results. Its reading is a `must' for all scholars with an interest in economic change.

Similar books