Economic Evolution: An Inquiry into the Foundations of the New Institutional Economics (Economics as Social Theory) - Hardcover

Book 7 of 53: Economics as Social Theory

Jack Vromen

 
9780415128124: Economic Evolution: An Inquiry into the Foundations of the New Institutional Economics (Economics as Social Theory)

Synopsis

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
* 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.

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About the Author

Jack J Vromen

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Other Popular Editions of the Same Title

9780415128131: Economic Evolution (Economics as Social Theory)

Featured Edition

ISBN 10:  0415128137 ISBN 13:  9780415128131
Publisher: Routledge, 1995
Softcover