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Economic Evolution: An Enquiry into the Foundations of New Institutional Economics (Economics As Social Theory)

Опубликовано на портале: 22-09-2003
London: Routledge, 1995, 256 с.
Economic Evolution explores three of the main approaches within the new institutional economics: the new theory of the firm, Nelson and Winter's evolutionary economics and game theoretic accounts of spontaneous evolution. Close analysis reveals that the approaches differ on such fundamental issues as the meaning of terms like 'institution' and 'evolution'. However, the book also uncovers two evolutionary mechanisms that govern processes of economic change in all of these approaches.

The new institutional economics offers one of the most exciting research agendas in economics today. Yet can it really explain processes of economic change? Economic Evolution explores three of the main approaches within the new institutional economics: the new theory of the firm, Nelson and Winter's evolutionary economics and game theoretic accounts of spontaneous evolution. Close analysis reveals that the approaches differ on such fundamental issues as the meaning of terms like 'institution' and 'evolution'. However, the book also uncovers two evolutionary mechanisms that govern processes of economic change in all of these approaches.
    CONTENTS
    Preface
    1 INTRODUCTION
    Part I Firms and industries
    2 SELECTION ARGUMENTS PRO AND CONTRA THE NEOCLASSICAL THEORY OF THE FIRM
    3 BREAKING OPEN THE BLACK BOX: THE NEW THEORY OF THE FIRM
    4 MODELLING THE SELECTION ARGUMENT: NELSON AND WINTER'S EVOLUTIONARY THEORY
    Part II Functional explanation and evolutionary mechanisms
    5 FUNCTIONAL EXPLANATION
    6 TWO EVOLUTIONARY MECHANISMS
    Part III Individuals and groups
    7 ALTRUISM AND UNITS OF SELECTION
    8 THE CULTURAL EVOLUTION OF BEHAVIOURAL DISPOSITIONS
    9 A REALIST RECONSTRUCTION OF ECONOMIC EVOLUTIONARY THEORY
    Notes
    Bibliography
    Index
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