Economic Evolution : An Inquiry into the Foundations of the New Institutional Economics
Book Details
Format
Paperback / Softback
Book Series
Economics as Social Theory
ISBN-10
0415128137
ISBN-13
9780415128131
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Oct 19th, 1995
Print length
254 Pages
Weight
453 grams
Product Classification:
Economic theory & philosophy
Ksh 12,950.00
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The new institutional economics offers one of the most exciting research agendas in economics today. The book looks at the differences and similarities between the three main approaches.
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 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.
* 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.
Get Economic Evolution by at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Taylor & Francis Ltd and it has pages.
