An Inquiry into the Foundations of the New Institutional Economics
By (author) Professor Jack J. Vromen
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Economic Evolution by Professor Jack J. Vromen
Book DescriptionThe 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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Book DetailsISBN: 9780415128131
(234mm x 156mm x 14mm)
Publisher: Taylor & Francis Ltd
Publish Date: 19-Oct-1995
Country of Publication: United Kingdom
Books By Author Professor Jack J. Vromen
Economics of Economists, Hardback (June 2014)
Leading scholars investigate the profession of academic economics, with a focus on the intellectual environment and incentives for economic research.
Neuroeconomics, Hardback (January 2012)» View all books by Professor Jack J. Vromen
This work brings together a unique mix of perspectives ranging from philosophy of science to neuroeconomics practice to reflect on the promises and limitations of neuroeconomics for the future of economics.This book was originally published as a special issue of Journal of Economic Methodology.
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