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While dating from post-Classical economists such as Thorstein Veblen and Joseph Schumpeter, the inception of the modern field of evolutionary economics is usually dated to the early 1980s. Broadly speaking, evolutionary economics sees the economy as undergoing continual, evolutionary change. Evolutionary change indicates that these changes were not planned, but rather were the result of innovations and selection processes. These often involved winners and losers, but most importantly, they resulted in actors learning what was and was not working.
Evolutionary economics, in contrast to mainstream economics, emphasises the relevance of variables such as technology, institutions, decision rules, routines, or consumer preferences for explaining the complex evolutionary changes in the economy. In so doing, evolutionary economics significantly broadens the scope of economic analysis, and sheds new light on key concepts and issues of the discipline.
This handbook draws on a stellar cast list of international contributors, ranging from the founders of the field to the newest voices. The volume explores the current state of the art in the field of evolutionary economics at the levels of the micro (e.g. firms and households), meso (e.g. industries and institutions), and macro (e.g. economic policy, structure, and growth).
Overall, the Routledge Handbook of Evolutionary Economics provides an excellent overview of current trends and issues in this rapidly developing field.
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While dating from post-Classical economists such as Thorstein Veblen and Joseph Schumpeter, the inception of the modern field of evolutionary economics is usually dated to the early 1980s. Broadly speaking, evolutionary economics sees the economy as undergoing continual, evolutionary change. Evolutionary change indicates that these changes were not planned, but rather were the result of innovations and selection processes. These often involved winners and losers, but most importantly, they resulted in actors learning what was and was not working.
Evolutionary economics, in contrast to mainstream economics, emphasises the relevance of variables such as technology, institutions, decision rules, routines, or consumer preferences for explaining the complex evolutionary changes in the economy. In so doing, evolutionary economics significantly broadens the scope of economic analysis, and sheds new light on key concepts and issues of the discipline.
This handbook draws on a stellar cast list of international contributors, ranging from the founders of the field to the newest voices. The volume explores the current state of the art in the field of evolutionary economics at the levels of the micro (e.g. firms and households), meso (e.g. industries and institutions), and macro (e.g. economic policy, structure, and growth).
Overall, the Routledge Handbook of Evolutionary Economics provides an excellent overview of current trends and issues in this rapidly developing field.
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First published in 1976. Economics has always been in a crisis since it broke away from social philosophy in the late eighteenth century. But from time to time this crisis has been particularly acute. Such was the case at the turn of the last century when the classical predictions proved less and less true and, in response, the marginalist schools emerged. Such also was the case at the beginning of the 1930s when the proof of the established harmony propounded in that theory was contradicted by the Great Depression, giving rise to the new macroeconomics pioneered by Keynes. doubt that contemporary economics is in a crisis, at least if crisis is defined as the inability to meet the challenge of the times. Problems like mass poverty, unbalanced affluence, increasing regional economic disparities, imbalances in population development, irrational disposition of non-renewable resources, and production and consumption processes ill-adjusted to the limited carrying capacity of the environment are among many pressing problems awaiting solution by economists. The purpose of this book is to bring together responses from leading economists to these problems. Given the vast subject matter, it is only to be expected that the specific emphasis given to various approaches differs among the authors.
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First published in 1976. Economics has always been in a crisis since it broke away from social philosophy in the late eighteenth century. But from time to time this crisis has been particularly acute. Such was the case at the turn of the last century when the classical predictions proved less and less true and, in response, the marginalist schools emerged. Such also was the case at the beginning of the 1930s when the proof of the established harmony propounded in that theory was contradicted by the Great Depression, giving rise to the new macroeconomics pioneered by Keynes. doubt that contemporary economics is in a crisis, at least if crisis is defined as the inability to meet the challenge of the times. Problems like mass poverty, unbalanced affluence, increasing regional economic disparities, imbalances in population development, irrational disposition of non-renewable resources, and production and consumption processes ill-adjusted to the limited carrying capacity of the environment are among many pressing problems awaiting solution by economists. The purpose of this book is to bring together responses from leading economists to these problems. Given the vast subject matter, it is only to be expected that the specific emphasis given to various approaches differs among the authors.
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There is no doubt that behavioral economics is becoming a dominant lens through which we think about economics. Behavioral economics is not a single school of thought but representative of a range of approaches, and uniquely, this volume presents an overview of them.
The wide spectrum of international contributors each provides an exploration of a central approach, aspect or topic in behavorial economics. Taken together, the whole volume provides a comprehensive overview of the subject which considers both key developments and future possibilities.
Part One presents several different approaches to behavioural economics, including George Katona, Ken Boulding, Harvey Leibenstein, Vernon Smith, Herbert Simon, Gerd Gigerenzer, Daniel Kahneman, and Richard Thaler. This section looks at the origins and development of behavioral economics and compares and contrasts the work of these scholars who have been so influential in making this area so prominent. Part Two presents applications of behavioural economics including nudging; heuristics; emotions and morality; behavioural political economy, education, and economic innovation.
The Routledge Handbook of Behavioral Economics is ideal for advanced economics students and faculty who are looking for a complete state-of-the-art overview of this dynamic field.
908 kr
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There is no doubt that behavioral economics is becoming a dominant lens through which we think about economics. Behavioral economics is not a single school of thought but representative of a range of approaches, and uniquely, this volume presents an overview of them.
The wide spectrum of international contributors each provides an exploration of a central approach, aspect or topic in behavorial economics. Taken together, the whole volume provides a comprehensive overview of the subject which considers both key developments and future possibilities.
Part One presents several different approaches to behavioural economics, including George Katona, Ken Boulding, Harvey Leibenstein, Vernon Smith, Herbert Simon, Gerd Gigerenzer, Daniel Kahneman, and Richard Thaler. This section looks at the origins and development of behavioral economics and compares and contrasts the work of these scholars who have been so influential in making this area so prominent. Part Two presents applications of behavioural economics including nudging; heuristics; emotions and morality; behavioural political economy, education, and economic innovation.
The Routledge Handbook of Behavioral Economics is ideal for advanced economics students and faculty who are looking for a complete state-of-the-art overview of this dynamic field.
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New Evolutionary Economics
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