The Evolution of Economic DiversityAntonio Nicita, Ugo Pagano Psychology Press, 2001 - 446 pagina's The traditional role of evolutionary theory in the social sciences has been to explain the existence of an object in terms of the survival of the fittest. In economics this approach has acted as a justification for hypotheses such as profit maximisation, or the existence of institutions in terms of their overall efficiency. This volume challenges that view and argues that one of the first tasks of economic theory should be to explain the enormous diversity of institutional arrangements that has characterised human societies. |
Inhoudsopgave
The origin of organizational species | 7 |
Learning dynamics lockin and equilibrium selection | 133 |
an assessment | 164 |
PART III | 197 |
Variety and irreversibility in scientific and technological | 216 |
66 | 231 |
The firm as an evolutionary enforcement device | 240 |
Equilibrium selection and the evolution of norms | 273 |
Overige edities - Alles bekijken
Veelvoorkomende woorden en zinsdelen
actions activities adaptive agents analysis assume assumption autarky barter system basin of attraction behavior biology Cambridge capitalist characterized cognitive commodity money commodity money system competitors cooperation coordination games correlated equilibrium costs cross competition cultural Defect Dinka distribution Dosi dynamics effect efficient endogenous enforcement environment equilibrium selection evolution evolutionary game theory ex-post example exchange expected fiat money fiat money system Figure firms frequency function genes genetic genotype gift system given group selection group-beneficial trait Hence human incomplete contracts increase individual innovation inspecting interactions investment matched mechanism migration monetary mutation Nash equilibrium natural selection norms Nuer optimal options organization organizational outcome patterns payoff play players population possible prisoner's dilemma probability production random regime replicator replicator dynamics result role rules social networks speciation species stable stochastic strategy structure subpopulation Suppose theoretical transaction trust equilibrium University Press values VHBB's
Verwijzingen naar dit boek
Energy Poverty in Eastern Europe: Hidden Geographies of Deprivation Stefan Buzar Gedeeltelijke weergave - 2007 |
Deregulation, Innovation and Market Liberalization: Electricity Regulation ... L. Lynne Kiesling Geen voorbeeld beschikbaar - 2008 |