Economic Evolution: An Inquiry into the Foundations of the New Institutional EconomicsRoutledge, 19. okt. 1995 - 256 strani 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 accoun |
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Stran
... argues that the antimarginalists wrongly take testimonies of entrepreneurs at face value. Hall and Hitch and Lester are said to haveerredin inferring from their findings that entrepreneurs do not thinkinterms of marginalmagnitudes ...
... argues that the antimarginalists wrongly take testimonies of entrepreneurs at face value. Hall and Hitch and Lester are said to haveerredin inferring from their findings that entrepreneurs do not thinkinterms of marginalmagnitudes ...
Stran
... argues to the contrary that the empirical findings of the antimarginalists are compatible with marginal analysis. Machlup criticizesthe antimarginalists for havingusedthe unreliablemethod ofdirect question (the mailing of questionnaires) ...
... argues to the contrary that the empirical findings of the antimarginalists are compatible with marginal analysis. Machlup criticizesthe antimarginalists for havingusedthe unreliablemethod ofdirect question (the mailing of questionnaires) ...
Stran
... argues,we wouldhave to includeallthese elements (and perhaps others besides) and would have to state how changes in any of the factorswere likely to affect the decisions or actionsof the driver. In principle, such a theory could be ...
... argues,we wouldhave to includeallthese elements (and perhaps others besides) and would have to state how changes in any of the factorswere likely to affect the decisions or actionsof the driver. In principle, such a theory could be ...
Stran
... arguing that businessmen do not think in terms of Marshall's cost calculations and it therefore cannot be right; and ... argues that the contemplations of entrepreneurs are unimportant if not irrelevantin assessing the usefulness ofthe ...
... arguing that businessmen do not think in terms of Marshall's cost calculations and it therefore cannot be right; and ... argues that the contemplations of entrepreneurs are unimportant if not irrelevantin assessing the usefulness ofthe ...
Stran
... argues, profit maximization fails to be a guide to action. We can then no longer determine outcomes toeach action ... argue that what matters in.
... argues, profit maximization fails to be a guide to action. We can then no longer determine outcomes toeach action ... argue that what matters in.
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Druge izdaje - Prikaži vse
Economic Evolution: An Enquiry Into the Foundations of New Institutional ... Jack J. Vromen Predogled ni na voljo - 1995 |
Economic Evolution: An Enquiry Into the Foundations of New Institutional ... Jack J. Vromen Predogled ni na voljo - 1995 |
Pogosti izrazi in povedi
adaptive learning Alchian altruistic antimarginalists argues arguesthat assumed assumption Axelrod Becker biology bounded rationality bythe canbe causal ceteris paribus Chapter Coase competitive cultural evolution Darwinian natural selection Dawkins deliberate Demsetz discussion economic theory efficient Elster entrepreneurs environmental equilibrium evolutionary economists evolutionary game theory evolutionary mechanisms example firm behaviour firm’s forces Friedman functional explanation genes genetic Hayek HDgame Houthakker hypothesis individual organisms industry behaviour inheritance institutional economics institutions inthe isnot isthat itis Jensen Lamarckian Machlup marginal analysis marginalist Maynard Mform mutations Nash equilibrium Nelson and Winter Nelson andWinter Nelsonand neoclassical theory notion onthe optimal organization forms orthodox players population predicted problem processes profit maximization realistic replication replicator dynamics routine behaviour rules satisficing seems selection argument selection mechanism Simon situations Smith’s social survival thatare thatis thatthe theoretical theorists thesame tobe tothe transaction cost economics unit of selection Williamson Winter’s evolutionary theory