Evolutionary Concepts in Contemporary Economics

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University of Michigan Press, 1994 - 255 ˹éÒ
The chapters reflect the broad range of evolutionary thinking that has begun to emerge in contemporary economies. Inspired by earlier evolutionists, the contributors draw on recent developments in the philosophy of science and computer simulation methods to probe a number of economic issues. These include the evolution of money, technology, the firm, and the law. The relation between economic and ecological evolution is also explored.
 

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Introduction to Evolutionary Economics
11
I
11
Evolution and Economic Methodology
37
Conclusions
41
Evolutionary Economics and System Dynamics
61
Evolution and Social Institutions
91
The Case of Money
111
Innovation and the Firm
137
Some Elements of an Evolutionary Theory
157
Entrepreneurial Imagination Information and the Evolution
179
Nature and Economic Evolution
191
The Coevolution of Economic and Environmental Systems
213
Bibliography
227
Contributors
253
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