Title: The New Evolutionary Microeconomics: Complexity, Competence and Adaptive Behaviour (New Horizons in Institutional and Evolutionary Economics series)
Publisher: Edward Elgar Publishing Ltd
Publication Date: 2001
Language: English
ISBN 10: 1840648953
ISBN 13: 9781840648959
Binding: Soft cover
Condition: New

About this title

Synopsis

This highly innovative and original book proposes evolutionary microeconomics as a synthesis of the collective schools of heterodox economic thought with complex systems theory and graph theory.

The book charts a research programme for evolutionary economics that encompasses the theory of dynamic efficiency and emergence in markets, a computational model of the learning and interacting agent, a competence based theory of the firm and the household, and, via a theory of expectations and plans, an agent-based foundation to macroeconomics.

Principally a work of meta-theory, The New Evolutionary Microeconomics argues for a radical refocus of microeconomic research toward the evolutionary nature of institutions, preferences, technology and knowledge.

This challenging new book should prove timely and important for evolutionary and computational economists as well as those in the fields of managerial economics, business studies and marketing.

About the Author

Jason Potts, RMIT Blockchain Innovation Hub, School of Economics, Finance and Marketing, RMIT University in Melbourne, Australia

"About this title" may belong to another edition of this title.

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