Economic Evolution

Economic Evolution

An Enquiry Into the Foundations of New Institutional Economics

eBook - 1995
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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 Evolutionexplores 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.
Publisher: London ; New York : Routledge, 1995.
ISBN: 0415128137
0415128129
0203434005
Branch Call Number: ELECTRONIC BOOK
Characteristics: 1 online resource (viii, 245 p.)
Additional Contributors: ebrary, Inc
Call Number: ELECTRONIC BOOK

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