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(Ebook) Economic Evolution: an Inquiry into the Foundations of the New Institutional Economics by Vromen, Jack J ISBN 9780203434000, 9780203742242, 9780415128124, 9780415128131, 0203434005, 0203742249, 0415128129, 0415128137

  • SKU: EBN-12037192
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Instant download (eBook) Economic Evolution: an Inquiry into the Foundations of the New Institutional Economics after payment.
Authors:Vromen, Jack J
Pages:254 pages.
Year:2003
Editon:1st ed
Publisher:Taylor and Francis
Language:english
File Size:1.65 MB
Format:pdf
ISBNS:9780203434000, 9780203742242, 9780415128124, 9780415128131, 0203434005, 0203742249, 0415128129, 0415128137
Categories: Ebooks

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(Ebook) Economic Evolution: an Inquiry into the Foundations of the New Institutional Economics by Vromen, Jack J ISBN 9780203434000, 9780203742242, 9780415128124, 9780415128131, 0203434005, 0203742249, 0415128129, 0415128137

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.
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