Evolutionary Economics: Program and Scope

Author: Kurt Dopfer
Publisher:
Publish Date: 2004-12-01
Features: Evolutionary Economics (Program and Scope) is published by Higher Education Press. In terms of the paradigm foundation and basic theoretical propositions of economics, this book offers fresh and innovative insights. Twelve authors, following modern evolutionary thinking, advance the study of evolutionary economics by reinterpreting the main fields of microeconomics and macroeconomics. The book provides a unified methodology for economics, which makes the new developments in different branches of evolutionary economics a comprehensive and significant platform for rethinking neoclassical economics. The chapters on evolutionary macroeconomics explore macroeconomic areas such as labor and knowledge division, technology and institutions, swarm thinking, mesoeconomics, and technology-economic trajectories and industrial sectors, emphasizing the process of structural change and the synergistic evolution between technology and institutions. They also provide a causal explanation for contemporary evolutionary theories of economic growth and economic development. The chapters on evolutionary microeconomics delve into the knowledge-based firm theory, incorporating issues such as cognition and behavioral conventions. They explore the complex decision-making processes, creativity, and adaptability of humans in selective and path-dependent environments. These discussions make substantial contributions to the cognitive and behavioral foundations of contemporary institutional economics.