Coevolution In Economic Systems

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Coevolution in Economic Systems

Author : Isabel Almudi
Publisher : Cambridge University Press
ISBN 13 : 1108854990
Total Pages : 98 pages
Book Rating : 4.1/5 (88 download)

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Book Synopsis Coevolution in Economic Systems by : Isabel Almudi

Download or read book Coevolution in Economic Systems written by Isabel Almudi and published by Cambridge University Press. This book was released on 2021-06-10 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Coevolution in economic systems plays a key role in the dynamics of contemporary societies. Coevolution operates when, considering several evolving realms within a socioeconomic system, these realms mutually shape their respective innovation, replication and/or selection processes. The processes that emerge from coevolution should be analyzed as being globally codetermined in dynamic terms. The notion of coevolution appears in the literature on modern innovation economics since the neo-Schumpeterian inception four decades ago. In this Element, these antecedents are drawn on to formally clarify and develop how the coevolution notion can expand the analytical and methodological scope of evolutionary economics, allowing for further unification and advance of evolutionary subfields.

Coevolutionary Economics: The Economy, Society and the Environment

Author : John Gowdy
Publisher : Springer Science & Business Media
ISBN 13 : 9401582505
Total Pages : 253 pages
Book Rating : 4.4/5 (15 download)

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Book Synopsis Coevolutionary Economics: The Economy, Society and the Environment by : John Gowdy

Download or read book Coevolutionary Economics: The Economy, Society and the Environment written by John Gowdy and published by Springer Science & Business Media. This book was released on 2013-04-18 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: The subject of this volume is the human economy and its coevolutionary relationship with the natural world. This relationship is examined in three broad types of societies; hunter--gatherers, agriculturalists, and modern market economies. A growing body of scientific evidence has made it clear that the current human impact on the environment is far above the level that can be maintained without causing profound changes in the biophysical world to which we belong. The new fields of ecological economics and evolutionary economics can help us understand the relationship between the economy, society and the environment and may help us to formulate effective policies to manage these changes.

The General Theory of Economic Evolution

Author : Kurt Dopfer
Publisher : Routledge
ISBN 13 : 1134466870
Total Pages : 153 pages
Book Rating : 4.1/5 (344 download)

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Book Synopsis The General Theory of Economic Evolution by : Kurt Dopfer

Download or read book The General Theory of Economic Evolution written by Kurt Dopfer and published by Routledge. This book was released on 2007-09-27 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to chart the development of the field of evolutionary economics, this book provides an integrated generic framework to define the rules of an economic system; how they are coordinated and the causes and consequences of their change. Packed with pedagogical features including essay and tutorial questions, case studies and an extensive bibliography, this book: proposes a new analytic framework for the study of the nature and causes of long run economic growth and development in market systems analyzes the foundations of the neoclassical tradition, before developing a thesis through micro, meso and macro domains drawing conclusions as to what can be learned from the point of view of policy analysis focuses on an open-systems analytical framework and successfully formulates and refines the analytical foundations of a new general theory of economic evolution. This volume is essential reading for scholars and students of economic evolution and as well as for anyone who seeks to better understand the complex evolutionary nature of the structure and dynamics of the knowledge-based economy in today’s society.

Adaptation and Evolution in Collective Systems

Author : Akira Namatame
Publisher : World Scientific
ISBN 13 : 9812773223
Total Pages : 373 pages
Book Rating : 4.8/5 (127 download)

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Book Synopsis Adaptation and Evolution in Collective Systems by : Akira Namatame

Download or read book Adaptation and Evolution in Collective Systems written by Akira Namatame and published by World Scientific. This book was released on 2006 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: Self-contained and unified in presentation, this invaluable book provides a broad introduction to the fascinating subject of many-body collective systems with adapting and evolving agents. The coverage includes game theoretic systems, multi-agent systems, and large-scale socio-economic systems of individual optimizing agents. The diversity and scope of such systems have been steadily growing in computer science, economics, social sciences, physics, and biology.

Institutions and the Evolution of Capitalism

Author : European Association for Evolutionary Political Economy
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Institutions and the Evolution of Capitalism by : European Association for Evolutionary Political Economy

Download or read book Institutions and the Evolution of Capitalism written by European Association for Evolutionary Political Economy and published by Edward Elgar Publishing. This book was released on 1999 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work asks, What is the role of the entrepreneur in capitalist societies?, and, How effective are technological policies in changing institutions?, along with, Are the economic systems of the USA, Europe and Asia converging'. The theoretical foundations of capitalism are examined.

Modern Evolutionary Economics

Author : Richard R. Nelson
Publisher : Cambridge University Press
ISBN 13 : 1108660789
Total Pages : 285 pages
Book Rating : 4.1/5 (86 download)

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Book Synopsis Modern Evolutionary Economics by : Richard R. Nelson

Download or read book Modern Evolutionary Economics written by Richard R. Nelson and published by Cambridge University Press. This book was released on 2018-05-03 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evolutionary economics sees the economy as always in motion with change being driven largely by continuing innovation. This approach to economics, heavily influenced by the work of Joseph Schumpeter, saw a revival as an alternative way of thinking about economic advancement as a result of Richard Nelson and Sidney Winter's seminal book, An Evolutionary Theory of Economic Change, first published in 1982. In this long-awaited follow-up, Nelson is joined by leading figures in the field of evolutionary economics, reviewing in detail how this perspective has been manifest in various areas of economic inquiry where evolutionary economists have been active. Providing the perfect overview for interested economists and social scientists, readers will learn how in each of the diverse fields featured, evolutionary economics has enabled an improved understanding of how and why economic progress occurs.

Special Issue: Co-evolution and Complex Adaptive Systems in Evolutionary Economics

Author :
Publisher :
ISBN 13 :
Total Pages : 244 pages
Book Rating : 4.:/5 (931 download)

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Book Synopsis Special Issue: Co-evolution and Complex Adaptive Systems in Evolutionary Economics by :

Download or read book Special Issue: Co-evolution and Complex Adaptive Systems in Evolutionary Economics written by and published by . This book was released on 2014 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Coevolution of Morality and Legal Institutions

Author : Werner Güth
Publisher :
ISBN 13 :
Total Pages : 22 pages
Book Rating : 4.:/5 (763 download)

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Book Synopsis The Coevolution of Morality and Legal Institutions by : Werner Güth

Download or read book The Coevolution of Morality and Legal Institutions written by Werner Güth and published by . This book was released on 2002 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Complexity and Evolution

Author : David S. Wilson
Publisher : MIT Press
ISBN 13 : 0262035383
Total Pages : 409 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Complexity and Evolution by : David S. Wilson

Download or read book Complexity and Evolution written by David S. Wilson and published by MIT Press. This book was released on 2016-08-19 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: An exploration of how approaches that draw on evolutionary theory and complexity science can advance our understanding of economics. Two widely heralded yet contested approaches to economics have emerged in recent years: one emphasizes evolutionary theory in terms of individuals and institutions; the other views economies as complex adaptive systems. In this book, leading scholars examine these two bodies of theory, exploring their possible impact on economics. Relevant concepts from evolutionary theory drawn on by the contributors include the distinction between proximate and ultimate causation, multilevel selection, cultural change as an evolutionary process, and human psychology as a product of gene-culture coevolution. Applicable ideas from complexity theory include self-organization, fractals, chaos theory, sensitive dependence, basins of attraction, and path dependence. The contributors discuss a synthesis of complexity and evolutionary approaches and the challenges that emerge. Focusing on evolutionary behavioral economics, and the evolution of institutions, they offer practical applications and point to avenues for future research. Contributors Robert Axtell, Jenna Bednar, Eric D. Beinhocker, Adrian V. Bell, Terence C. Burnham, Julia Chelen, David Colander, Iain D. Couzin, Thomas E. Currie, Joshua M. Epstein, Daniel Fricke, Herbert Gintis, Paul W. Glimcher, John Gowdy, Thorsten Hens, Michael E. Hochberg, Alan Kirman, Robert Kurzban, Leonhard Lades, Stephen E. G. Lea, John E. Mayfield, Mariana Mazzucato, Kevin McCabe, John F. Padgett, Scott E. Page, Karthik Panchanathan, Peter J. Richerson, Peter Schuster, Georg Schwesinger, Rajiv Sethi, Enrico Spolaore, Sven Steinmo, Miriam Teschl, Peter Turchin, Jeroen C. J. M. van den Bergh, Sander E. van der Leeuw, Romain Wacziarg, John J. Wallis, David S. Wilson, Ulrich Witt

Man and the Biosphere:

Author : Kenneth M. Stokes
Publisher : Routledge
ISBN 13 : 1315487039
Total Pages : 396 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis Man and the Biosphere: by : Kenneth M. Stokes

Download or read book Man and the Biosphere: written by Kenneth M. Stokes and published by Routledge. This book was released on 2016-09-16 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: This four-part monograph traces the dialectical development of economic thought from the Physiocrats through Marx to the present. It is a broad treatment of the history of intellectual thought that bridges economic and the social sciences on the one hand, with natural science and biology in particular on the other. The author is concerned with systems theory and treats the economy from the perspective of the biophysical thermodynamic dimensions of the economic processes. He closes his analysis with a discussion of organizational theory that relates to the formation of institutions and the issues of freedom in a technically dominated society. The book comes full circle in examining the moral and ethical concerns that first influenced the Physiocrats and other founding fathers of economic science.

Evolutionary Concepts in Contemporary Economics

Author : Richard W. England
Publisher :
ISBN 13 :
Total Pages : 280 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Evolutionary Concepts in Contemporary Economics by : Richard W. England

Download or read book Evolutionary Concepts in Contemporary Economics written by Richard W. England and published by . This book was released on 1994 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This anthology reports on a number of contemporary attempts to introduce evolutionary concepts into economic analysis.

Evolutionary Economics

Author : Geoffrey M. Hodgson
Publisher : Cambridge University Press
ISBN 13 : 1108776043
Total Pages : pages
Book Rating : 4.1/5 (87 download)

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Book Synopsis Evolutionary Economics by : Geoffrey M. Hodgson

Download or read book Evolutionary Economics written by Geoffrey M. Hodgson and published by Cambridge University Press. This book was released on 2019-07-31 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This Element examines the historical emergence of evolutionary economics, its development into a strong research theme after 1980, and how it has hosted a diverse set of approaches. Its focus on complexity, economic dynamics and bounded rationality is underlined. Its core ideas are compared with those of mainstream economics. But while evolutionary economics has inspired research in a number of areas in business studies and social science, these have become specialized and fragmented. Evolutionary economics lacks a sufficiently-developed core theory that might promote greater conversation across these fields. A possible unifying framework is generalized Darwinism. Stronger links could also be made with other areas of evolutionary research, such as with evolutionary anthropology and evolutionary psychology. As evolutionary economics has migrated from departments of economics to business schools, institutes of innovation studies and elsewhere, it also needs to address the problem of its lack of a single disciplinary location within academia.

Explaining Process and Change

Author : Ulrich Witt
Publisher : University of Michigan Press
ISBN 13 : 9780472102914
Total Pages : 204 pages
Book Rating : 4.1/5 (29 download)

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Book Synopsis Explaining Process and Change by : Ulrich Witt

Download or read book Explaining Process and Change written by Ulrich Witt and published by University of Michigan Press. This book was released on 1992 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: International experts discuss new applications for evolutionary economics

Development Betrayed

Author : Richard B. Norgaard
Publisher :
ISBN 13 :
Total Pages : 304 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Development Betrayed by : Richard B. Norgaard

Download or read book Development Betrayed written by Richard B. Norgaard and published by . This book was released on 1994 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The vacuity of progresss

Darwin's Conjecture

Author : Geoffrey M. Hodgson
Publisher : University of Chicago Press
ISBN 13 : 0226346927
Total Pages : 303 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Darwin's Conjecture by : Geoffrey M. Hodgson

Download or read book Darwin's Conjecture written by Geoffrey M. Hodgson and published by University of Chicago Press. This book was released on 2010-12-15 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of paramount importance to the natural sciences, the principles of Darwinism, which involve variation, inheritance, and selection, are increasingly of interest to social scientists as well. But no one has provided a truly rigorous account of how the principles apply to the evolution of human society—until now. In Darwin’s Conjecture, Geoffrey Hodgson and Thorbjørn Knudsen reveal how the British naturalist’s core concepts apply to a wide range of phenomena, including business practices, legal systems, technology, and even science itself. They also critique some prominent objections to applying Darwin to social science, arguing that ultimately Darwinism functions as a general theoretical framework for stimulating further inquiry. Social scientists who adopt a Darwinian approach, they contend, can then use it to frame and help develop new explanatory theories and predictive models. This truly pathbreaking workat long last makes the powerful conceptual tools of Darwin available to the social sciences and will be welcomed by scholars and students from a range of disciplines.

Handbook on the Economic Complexity of Technological Change

Author : Cristiano Antonelli
Publisher : Edward Elgar Publishing
ISBN 13 : 0857930370
Total Pages : 577 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis Handbook on the Economic Complexity of Technological Change by : Cristiano Antonelli

Download or read book Handbook on the Economic Complexity of Technological Change written by Cristiano Antonelli and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive and innovative Handbook applies the tools of the economics of complexity to analyse the causes and effects of technological and structural change. It grafts the intuitions of the economics of complexity into the tradition of analysis based upon the Schumpeterian and Marshallian legacies. The Handbook elaborates the notion of innovation as an emerging property of the organized complexity of an economic system, and provides the basic tools to understand the recursive dynamics between the emergence of innovation and the unfolding of organized complexity. In so doing, it highlights the role of organizational thinking in explaining the introduction of innovations and the dynamics of structural change. With a new methodological approach to the economics of technological change, this wide-ranging volume will become the standard reference for postgraduates, academics and practitioners in the fields of evolutionary economics, complexity economics and the economics of innovation.

Essays on Genetic Evolution and Economics

Author : Terence C. Burnham
Publisher : Universal-Publishers
ISBN 13 : 0965856429
Total Pages : 164 pages
Book Rating : 4.9/5 (658 download)

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Book Synopsis Essays on Genetic Evolution and Economics by : Terence C. Burnham

Download or read book Essays on Genetic Evolution and Economics written by Terence C. Burnham and published by Universal-Publishers. This book was released on 1997 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ever since Charles Darwin published The Origin of Species in 1859, genetic evolutionary theory has increasingly served as the foundation for fields that deal with organisms that arose by natural selection. This thesis argues that economic theory should integrate with Darwinian theory through the creation of a "genetic evolutionary economics". The promise of genetic evolutionary economics is a better understanding of human nature and, consequently, a more accurate and comprehensive economic science. Economic theory rests on a set of assumptions about human nature. These economic axioms concern human genes, but there is no explicit connection between genetic evolution and economic theory. As a result, human behavior and economic predictions of that behavior diverge in a variety of important settings. Why, for example, do most people save too little for the future when economics assumes that they will save enough? Chapter 2 discusses the difficulties inherent in the standard economic approach. Natural selection theory, the chapter argues, is the best tool for refining the axioms of economics. Genetic evolutionary economics allows the derivation of parameters that are intractable with standard economic techniques. There is, for instance, an ancient debate within economics about the role of self-interest in human affairs. Chapter 3 builds a genetic evolutionary model relevant to this issue, and concludes that a Darwinian lens removes many of the apparent paradoxes. Genetic evolutionary economics is a scientific endeavor. As such, it produces specific, testable hypotheses concerning behavior in economically relevant situations. Chapter 4 reports on a theoretical and experimental investigation of gift giving. A genetic evolutionary model organizes the existing data on gift giving and makes novel, testable predictions. Laboratory experiments, performed to test the theory, confirm the evolutionary model's predictions.