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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Zadetki 1–5 od 83
Stran
... firms and industries. All the arguments and theories that are discussed in this part turn out to bear a clear family ... firm'. Whereas theold 'neoclassical' theory of thefirmis concernedwith industry(or market)behaviour,the newtheoryof ...
... firms and industries. All the arguments and theories that are discussed in this part turn out to bear a clear family ... firm'. Whereas theold 'neoclassical' theory of thefirmis concernedwith industry(or market)behaviour,the newtheoryof ...
Stran
... firms are engaged in routine behaviour rather than in deliberate choice. Part IIdeals with philosophical issues.In Chapter5,types of explanationare analysed that are associated with evolutionary theorizing. Chapter 5 includes a ...
... firms are engaged in routine behaviour rather than in deliberate choice. Part IIdeals with philosophical issues.In Chapter5,types of explanationare analysed that are associated with evolutionary theorizing. Chapter 5 includes a ...
Stran
... firm. Marginalism (or marginal analysis) is part and parcel of the neoclassical theory of the firm. In this theory it isassumed that entrepreneurs,whoare supposed to determinethe behaviour of firms singlehandedly, 1are profit maximizers ...
... firm. Marginalism (or marginal analysis) is part and parcel of the neoclassical theory of the firm. In this theory it isassumed that entrepreneurs,whoare supposed to determinethe behaviour of firms singlehandedly, 1are profit maximizers ...
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... firm. Machlup treats the questions and empirical findingsof Hall and Hitch withmore respect.He triesto translate ... behaviour and profitmaximizing behaviour as two mutually excluding opposites. Asa consequence, theytook their observance ...
... firm. Machlup treats the questions and empirical findingsof Hall and Hitch withmore respect.He triesto translate ... behaviour and profitmaximizing behaviour as two mutually excluding opposites. Asa consequence, theytook their observance ...
Stran
... firms achieve maximum profits (in the objectivesense). InMachlup's view, marginal analysis does notaimto givea detailed prediction of the output, prices and employment of firms. Rather,it intendsto explain tendenciesinfirm behaviour ...
... firms achieve maximum profits (in the objectivesense). InMachlup's view, marginal analysis does notaimto givea detailed prediction of the output, prices and employment of firms. Rather,it intendsto explain tendenciesinfirm behaviour ...
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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