Economic Evolution: An Inquiry into the Foundations of the New Institutional Economics / Edition 1

by Jack J Vromen

Overview

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.

Product Details

ISBN-13:	9780415128124
Publisher:	Taylor & Francis
Publication date:	10/19/1995
Series:	Economics as Social Theory
Pages:	256
Product dimensions:	6.12(w) x 9.19(h) x (d)
Lexile:	1320L (what's this?)
Age Range:	18 Years

About the Author

Jack J Vromen

Table of Contents

Preface, 1 INTRODUCTION, Part I Firms and industries, Part II Functional explanation and evolutionary mechanisms, Part III Individuals and groups, Notes, Bibliography, Index

Editorial Reviews

An intercultural study of the poetics of nature imagery, drawing on classical Chinese poetics and English criticism from the 18th century to the Romantic period. Addresses the interrelated issues of mental perception and poetic representation of nature; analyzes theories of integrating natural imagery and human sentiment; and suggests the possibility of constructing a common poetics in a specifically demarcated area. Based on a dissertation. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Booknews

‘I think this is a wonderful book. The author considers a wide range of literatures, and discusses each with sophistication and subtlety ... I learned a lot from what he had to say.' - Richard Nelson, Columbia University

'It is to Vromen's credit that he makes a difficult subject accessible...A fascinating book' -SRH Jones, Business History

From the Publisher