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Evolution in Markets and Institutions

Evolution in Markets and Institutions

Paperback

Economics

ISBN10: 3642500676
ISBN13: 9783642500671
Publisher: Springer Nature
Published: Jun 12 2012
Pages: 120
Weight: 0.49
Height: 0.28 Width: 6.69 Depth: 9.61
Language: English
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.

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