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The New Evolutionary Microeconomics

Potts, Jason

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ISBN 10: 1840645431 / ISBN 13: 9781840645439
Published by Edward Elgar Pub, 2001
New Condition: New
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Bibliographic Details

Title: The New Evolutionary Microeconomics

Publisher: Edward Elgar Pub

Publication Date: 2001

Binding: HRD

Book Condition:New

About this title

Synopsis:

Potts (economics, University of Queensland) proposes evolutionary microeconomics as a synthesis of the collective schools of heterodox economic thought with complex systems theory and graph theory. He charts a research program 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 an agent-based foundation to macroeconomics. He argues for a radical refocus of microeconomic research toward the evolutionary nature of institutions, preferences, technology, and knowledge. Of interest to those in evolutionary and computational economics, managerial economics, business studies, and marketing. Annotation c. Book News, Inc., Portland, OR (booknews.com)

About the Author:

Jason Potts, Principal Research Fellow, RMIT University in Melbourne, Australia

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