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Evolutionary Economics Institutional Theory And Policy
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Book Synopsis Evolutionary Economics: Institutional theory and policy by : Marc R. Tool
Download or read book Evolutionary Economics: Institutional theory and policy written by Marc R. Tool and published by . This book was released on 1988 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Evolutionary Economics: v. 2 by : Marc R. Tool
Download or read book Evolutionary Economics: v. 2 written by Marc R. Tool and published by Routledge. This book was released on 2019-07-12 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is part of a two-volume work intended to map the theoretical heartland of the institutionalist perspective on political economy. Volume II considers basic economic processes, institutions for stabilizing and planning economic activities, the role of power and accountability, and emerging global interdependence. Marc R. Tool is the editor of "Journal of Economic Issues".
Book Synopsis Evolutionary Economics by : Marc R. Tool
Download or read book Evolutionary Economics written by Marc R. Tool and published by Routledge. This book was released on 2019-05-24 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: This two-volume work is intended to map the theoretical heartland of the institutionalist perspective on political economy. Volume I, "Foundations of Institutional Thought", identifies the origins of institutional economics and explores the primary analytical tools in its development. The papers included in Volume II, "Institutional Theory and Policy", consider basic economic processes, institutions for stabilizing and planning economic activities, the role of power and accountability, and emerging global interdependence. Marc R. Tool is the editor of "Journal of Economic Issues".
Download or read book Evolutionary Economics II written by and published by . This book was released on 1987 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Foundations of Evolutionary Institutional Economics by : Manuel Scholz-Wackerle
Download or read book The Foundations of Evolutionary Institutional Economics written by Manuel Scholz-Wackerle and published by Routledge. This book was released on 2013-08-15 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Generic institutionalism offers a new perspective on institutional economic change within an evolutionary framework. The institutional landscape shapes the social fabric and economic organization in manifold ways. The book elaborates on the ubiquity of such institutional forms with regards to their emergence, durability and exit in social agency-structure relations. Thereby institutions are considered as social learning environments changing the knowledge base of the economy along generic rule-sets in non-nomological ways from within. Specific attention is given to a theoretical structuring of the topic in ontology, heuristics and methodology. Part I introduces a generic naturalistic ontology by comparing prevalent ontological claims in evolutionary economics and preparing them for a broader pluralist and interdisciplinary discourse. Part II reconsiders these ontological claims and confronts it with prevalent heuristics, conceptualizations and projections of institutional change. In this respect the book revisits the institutional economic thought of Thorstein Veblen, Friedrich August von Hayek, Joseph Alois Schumpeter and Pierre Bourdieu. A synthesis is suggested in an application of the generic rule-based approach. Part III discusses the implementation of rule-based bottom-up models of institutional change and provides a basic prototype agent-based computational simulation. The evolution of power relations plays an important role in the programming of real-life communication networks. This notion characterizes the discussed policy realms (Part IV) of ecological and financial sustainability as tremendously complex areas of institutional change in political economy, leading to the concluding topic of democracy in practice. The novelty of this approach is given by its modular theoretical structure. It turns out that institutional change is carried substantially by affective social orders in contrast to rational orders as communicated in orthodox economic realms. The characteristics of affective orders are derived theoretically from intersections between ontology and heuristics, where interdependencies between instinct, cognition, rationality, reason, social practice, habit, routine or disposition are essential for the embodiment of knowledge. This kind of research indicates new generic directions to study social learning in particular and institutional evolution in general.
Book Synopsis Institutional Economics: Theory, Method, Policy by : Marc R. Tool
Download or read book Institutional Economics: Theory, Method, Policy written by Marc R. Tool and published by Springer Science & Business Media. This book was released on 2007-07-27 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volume appraises, refines, and extends the institutionalist's evolutionary theory of political economy in six different areas of inquiry: (a) the provision of a fresh and comparative overview of institutional economics in general; (b) the presentation and refinement of pragmatic methods of inquiry; (c) the exploration of extensions and clarifications of instrumental value theory; (d) the distillation of an emergent institutionalist theory of labor markets; (e) the explication of a culture-based theory of economic development; and (f) the formulation of an analytical design that provides direction for institutional policy making. Institutional Economics: Theory, Method, Policy appears at an especially opportune time, when there is widespread and accumulating analytical dissatisfaction with received economic doctrine. The traditional neoclassical and Marxist views of how to explain, order, and operate a political economy are now in question throughout the world. Appeals are being made for more relevant and pragmatic, less doctrinaire and dogmatic, approaches to economic inquiry and problem solving. This volume provides fresh theoretical underpinnings for such problem solving efforts.
Book Synopsis Evolutionary Economics: Foundations of institutional thought by : Marc R. Tool
Download or read book Evolutionary Economics: Foundations of institutional thought written by Marc R. Tool and published by Routledge. This book was released on 1988 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors to this volume focus on the political and value issues that, in their shared view, underlie the global environmental crisis facing us today. They argue that only by transforming our dominant values, social institutions and way of living can we avoid ecological disaster.
Book Synopsis Evolutionary Economics by : Marc R. Tool
Download or read book Evolutionary Economics written by Marc R. Tool and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors to this volume focus on the political and value issues that, in their shared view, underlie the global environmental crisis facing us today. They argue that only by transforming our dominant values, social institutions and way of living can we avoid ecological disaster.
Book Synopsis The Evolution of Economic Institutions by : Geoffrey Martin Hodgson
Download or read book The Evolution of Economic Institutions written by Geoffrey Martin Hodgson and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume documents in a unique manner the momentum the institutionalist, evolutionary research agenda has regained over the past two decades. The thought-provoking contributions come from prominent authors with a rather heterogeneous theoretical background. Nonetheless, they all convene in elaborating on issues that have always been at the core of the institutionalist agenda and show how these issues relate to cutting edge research in modern economics. Ulrich Witt, Max Planck Institute of Economics, Jena, Germany This excellent EAEPE Reader brings together a range of perspectives on the role of institutions in economics. It is very well structured, with parts on microeconomics, macroeconomics, markets and economic evolution. Each part contains chapters written by renowned experts in their respective fields and there is an authoritative introductory chapter by the editor. This Reader is invaluable for economics students and academic economists wishing to better understand how institutions and individual behaviours interact in the economic system. Much of standard economic analysis either ignores institutions or makes overly restrictive assumptions about them the authors in this book show, persuasively, that economics, without an adequate treatment of institutions and institutional change, is of very little scientific worth. John Foster, The University of Queensland, Australia This is a great set of essays. To get the richness they contain, the reader must be already familiar with the broad orientation of the literature on economic institutions. Given that background, I can think of no collection or essays that frame, illuminate, and probe modern institutional economics as well as does this set. Geoffrey Hodgson, who chose the collection, and the authors of the essays, are to be congratulated and thanked. Richard R. Nelson, Columbia University, US It is now widely acknowledged that institutions are a crucial factor in economic performance. Major developments have been made in our understanding of the nature and evolution of economic institutions in the last few years. This book brings together some key contributions in this area by leading internationally renowned scholars including Paul A. David, Christopher Freeman, Alan P. Kirman, Jan Kregel, Brian J. Loasby, J. Stanley Metcalfe, Bart Nooteboom and Ugo Pagano. This essential reader covers topics such as the relationship between institutions and individuals, institutions and economic development, the nature and role of markets, and the theory of institutional evolution. The book not only outlines cutting-edge developments in the field but also indicates key directions of future research for institutional and evolutionary economics. Vital reading on one of the most dynamic and rapidly growing areas of research today, The Evolution of Economic Institutions will be of great interest to researchers, students and lecturers in economics and business studies.
Book Synopsis Policy Implications of Recent Advances in Evolutionary and Institutional Economics by : Claudius Grabner
Download or read book Policy Implications of Recent Advances in Evolutionary and Institutional Economics written by Claudius Grabner and published by Routledge. This book was released on 2016-05-12 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection is inspired by the coming retirement of Professor Wolfram Elsner. It presents cutting-edge economic research relevant to economic policies and policy-making, placing a strong focus on innovative perspectives. In a changing world that has been shaken by economic, social, financial, and ecological crises, it becomes increasingly clear that new approaches to economics are needed for both theoretical and empirical research; for applied economics as well as policy advice. At this point, it seems necessary to develop new methods, to reconsider theoretical foundations and especially to take into account the theoretical alternatives that have been advocated within the field of economics for many years. This collection seeks to accomplish this by including institutionalist, evolutionary, complexity, and other innovative perspectives. It thereby creates a unique selection of methodological and empirical approaches ranging from game theory to economic dynamics to empirical and historical-theoretical analyses. The interested reader will find careful reconsiderations of the historical development of institutional and evolutionary theories, enlightening theoretical contributions, interdisciplinary ideas, as well as insightful applications. The collection serves to highlight the common ground and the synergies between the various approaches and thereby to contribute to an emerging coherent framework of alternative theories in economics. This book is of interest to those who study political economy, economic theory and philosophy, as well as economic policy.
Book Synopsis Evolutionary Governance Theory by : Kristof van Assche
Download or read book Evolutionary Governance Theory written by Kristof van Assche and published by Springer Science & Business Media. This book was released on 2013-07-26 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: This short books offers the reader a remarkable new perspective on the way markets, laws and societies evolve together. It can be of use to anyone interested in development, market and public sector reform, public administration, politics & law. Based on a wide variety of case studies on three continents and a variety of conceptual sources, the authors develop a theory that clarifies the nature and functioning of dependencies that mark governance evolutions. This in turn delineates in an entirely new manner the spaces open for policy experiment. As such, it offers a new mapping of the middle ground between libertarianism and social engineering. Theoretically, the approach draws on a wide array of sources: institutional & development economics, systems theories, post-structuralism, actor- network theories, planning theory and legal studies.
Book Synopsis The Evolution of Institutional Economics by : Geoffrey Martin Hodgson
Download or read book The Evolution of Institutional Economics written by Geoffrey Martin Hodgson and published by Psychology Press. This book was released on 2004 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: This exciting new book from Geoffrey Hodgson is eagerly awaited by social scientists from many different backgrounds. This book charts the rise, fall and renewal of institutional economics in the critical, analytical and readable style that Hodgson's fans have come to know and love, and that a new generation of readers will surely come to appreciate.
Book Synopsis Economics, Evolution and the State by : Kurt Dopfer
Download or read book Economics, Evolution and the State written by Kurt Dopfer and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the emerging field of evolutionary economic policy, highlighting the interface between the state, markets, and the evolutionary complexity of modern economies. The contributors explore the possibilities and limitations of governance, and provide a unique platform for the advancement of modern evolutionary economic theory.
Book Synopsis Evolutionary Economics by : Marc R. Tool
Download or read book Evolutionary Economics written by Marc R. Tool and published by . This book was released on 2019 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Institutions, Institutional Change and Economic Performance by : Douglass C. North
Download or read book Institutions, Institutional Change and Economic Performance written by Douglass C. North and published by Cambridge University Press. This book was released on 1990-10-26 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.
Book Synopsis Evolution in Markets and Institutions by : Ulrich Witt
Download or read book Evolution in Markets and Institutions written by Ulrich Witt and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evolutionary economics is the most challenging unorthodox approach to economic theory that has been developed in the last decades. The present volume offers a survey as well as a carefully selected sample of important new insights from a broad range of topics in economics: - the dynamics of institutional change - aggregate employment effects of diffusing innovations - institutional regimes of long run growth - indeterminaciesresulting expectation formation in the economy - the synergetic approach and its application to market morphology. The volume documentsa variety of modeling tools in evolutionary economics and offers a series ofstimulating hypotheses and research results. Its reading is a `must' for all scholars with an interest in economic change.
Book Synopsis The Foundations of Evolutionary Institutional Economics by : Manuel Scholz-Wackerle
Download or read book The Foundations of Evolutionary Institutional Economics written by Manuel Scholz-Wackerle and published by Routledge. This book was released on 2013-08-15 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Generic institutionalism offers a new perspective on institutional economic change within an evolutionary framework. The institutional landscape shapes the social fabric and economic organization in manifold ways. The book elaborates on the ubiquity of such institutional forms with regards to their emergence, durability and exit in social agency-structure relations. Thereby institutions are considered as social learning environments changing the knowledge base of the economy along generic rule-sets in non-nomological ways from within. Specific attention is given to a theoretical structuring of the topic in ontology, heuristics and methodology. Part I introduces a generic naturalistic ontology by comparing prevalent ontological claims in evolutionary economics and preparing them for a broader pluralist and interdisciplinary discourse. Part II reconsiders these ontological claims and confronts it with prevalent heuristics, conceptualizations and projections of institutional change. In this respect the book revisits the institutional economic thought of Thorstein Veblen, Friedrich August von Hayek, Joseph Alois Schumpeter and Pierre Bourdieu. A synthesis is suggested in an application of the generic rule-based approach. Part III discusses the implementation of rule-based bottom-up models of institutional change and provides a basic prototype agent-based computational simulation. The evolution of power relations plays an important role in the programming of real-life communication networks. This notion characterizes the discussed policy realms (Part IV) of ecological and financial sustainability as tremendously complex areas of institutional change in political economy, leading to the concluding topic of democracy in practice. The novelty of this approach is given by its modular theoretical structure. It turns out that institutional change is carried substantially by affective social orders in contrast to rational orders as communicated in orthodox economic realms. The characteristics of affective orders are derived theoretically from intersections between ontology and heuristics, where interdependencies between instinct, cognition, rationality, reason, social practice, habit, routine or disposition are essential for the embodiment of knowledge. This kind of research indicates new generic directions to study social learning in particular and institutional evolution in general.