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 88
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... the past that were maladapted to 'modern' technologicallife. At the beginning of the twentieth century, Marshall declared that the Mecca of economists lies in 'economic biology'. In the same spirit as Veblen, Marshallexpressed thehope ...
... the past that were maladapted to 'modern' technologicallife. At the beginning of the twentieth century, Marshall declared that the Mecca of economists lies in 'economic biology'. In the same spirit as Veblen, Marshallexpressed thehope ...
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An Inquiry into the Foundations of the New Institutional Economics Jack J Vromen. rather than induce variety. Hence we can say that the emphasis of new institutional economists is more on varietyreducing mechanisms than on ...
An Inquiry into the Foundations of the New Institutional Economics Jack J Vromen. rather than induce variety. Hence we can say that the emphasis of new institutional economists is more on varietyreducing mechanisms than on ...
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... the mode ofoperation of generative mechanisms in economic processes. 4 In particular,I shall argue that the 'natural selection analogy'isofthe latter type. Second, itwillbe examined whether analogiesandmetaphors areconvincing by ...
... the mode ofoperation of generative mechanisms in economic processes. 4 In particular,I shall argue that the 'natural selection analogy'isofthe latter type. Second, itwillbe examined whether analogiesandmetaphors areconvincing by ...
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... The antimarginalist criticism is that, because of the 'fact' that entrepreneurs do not go through the calculations and deliberations thatare ascribed tothemin marginal analysis, marginal analysisis to be discarded.Theclaim thatthe ...
... The antimarginalist criticism is that, because of the 'fact' that entrepreneurs do not go through the calculations and deliberations thatare ascribed tothemin marginal analysis, marginal analysisis to be discarded.Theclaim thatthe ...
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... the (additional) usual assumptions thatthe marginal revenue curve is negatively sloping and themarginal cost curveis Ushaped,the assumptionof profit maximization implies that theprice and outputpolicy of entrepreneursis that theyexpand ...
... the (additional) usual assumptions thatthe marginal revenue curve is negatively sloping and themarginal cost curveis Ushaped,the assumptionof profit maximization implies that theprice and outputpolicy of entrepreneursis that theyexpand ...
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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