Evolutionary Economics: Program and Scope

Evolutionary Economics: Program and Scope

Author: Kurt Dopfer

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 378

ISBN-13: 9401006482

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Evolutionary Economics: Program and Scope offers a fresh look at the paradigmatic foundations and basic theoretical propositions of economics. Twelve authors - each of them with his own distinct contribution to economics - make a step forward by reinterpreting major areas of micro and macroeconomics in line with modern evolutionary thinking. This volume offers a unified approach to economics that allows recent developments in various strands of Evolutionary Economics to be integrated and major positions of Neoclassical Economics to be reconsidered. The chapters on `Evolutionary Macro Economics' explore macro areas such as the division of labor and knowledge, technology and institutions, population thinking, meso economics, techno-economic trajectories and industrial sectors. By telescoping structure into time, they highlight the processes of structural change and co-evolution between technologies and institutions, and provide a causal-explanatory core for a modern - evolutionary - theory of economic growth and economic development. The chapters on `Evolutionary Micro Economics' offer insights into the knowledge based theories of the firm and take up the issues of cognitive and behavioral routines. The contributions explore the processes of complex human choice, creativity, and adaptation in selective and path-dependent environments. The discussions make an essential contribution to the cognitive and behavioral foundations of a modern institutional economics.


From Pleasure Machines to Moral Communities

From Pleasure Machines to Moral Communities

Author: Geoffrey M. Hodgson

Publisher: University of Chicago Press

Published: 2013

Total Pages: 323

ISBN-13: 0226922715

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Are humans at their core seekers of their own pleasure or cooperative members of society? Paradoxically, they are both. Pleasure-seeking can take place only within the context of what works within a defined community, and central to any community are the evolved codes and principles guiding appropriate behavior, or morality. The complex interaction of morality and self-interest is at the heart of Geoffrey M. Hodgson’s approach to evolutionary economics, which is designed to bring about a better understanding of human behavior. In From Pleasure Machines to Moral Communities, Hodgson casts a critical eye on neoclassical individualism, its foundations and flaws, and turns to recent insights from research on the evolutionary bases of human behavior. He focuses his attention on the evolution of morality, its meaning, why it came about, and how it influences human attitudes and behavior. This more nuanced understanding sets the stage for a fascinating investigation of its implications on a range of pressing issues drawn from diverse environments, including the business world and crucial policy realms like health care and ecology. This book provides a valuable complement to Hodgson’s earlier work with Thorbjørn Knudsen on evolutionary economics in Darwin’s Conjecture, extending the evolutionary outlook to include moral and policy-related issues.


Reading Hayek in the 21st Century

Reading Hayek in the 21st Century

Author: T. Papaioannou

Publisher: Springer

Published: 2012-09-18

Total Pages: 231

ISBN-13: 1137283629

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Papaioannou offers a radical new reading of Hayek in the 21st century, arguing that the moral dimension of his political theory is based on the methodological implications of an epistemologically founded morality, a morality that must respect the natural limits of human knowledge.


The Evolutionary Foundations of Economics

The Evolutionary Foundations of Economics

Author: Kurt Dopfer

Publisher: Cambridge University Press

Published: 2005-05-23

Total Pages: 604

ISBN-13: 9781139443234

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It is widely recognised that mainstream economics has failed to translate micro consistently into macro economics and to provide endogenous explanations for the continual changes in the economic system. Since the early 1980s, a growing number of economists have been trying to provide answers to these two key questions by applying an evolutionary approach. This new departure has yielded a rich literature with enormous variety, but the unifying principles connecting the various ideas and views presented are, as yet, not apparent. This 2005 volume brings together fifteen original articles from scholars - each of whom has made a significant contribution to the field - in their common effort to reconstruct economics as an evolutionary science. Using meso economics as an analytical entity to bridge micro and macro economics as well as static and dynamic realms, a unified economic theory emerges.


Social Dynamics

Social Dynamics

Author: Steven N. Durlauf

Publisher: MIT Press

Published: 2001

Total Pages: 260

ISBN-13: 9780262541763

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This collection of essays presents a variety of approaches to understanding the dynamics of human interaction.


Cognition of the Law

Cognition of the Law

Author: Luigi Cominelli

Publisher: Springer

Published: 2018-07-04

Total Pages: 207

ISBN-13: 3319893483

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This book’s basic hypothesis – which it proposes to test with a cognitive-sociological approach – is that legal behavior, like every form of human behavior, is directed and framed by biosocial constraints that are neither entirely genetic nor exclusively cultural. As such, from a sociological perspective the law can be seen as a super-meme, that is, as a biosocial constraint that develops only in complex societies. This super-meme theory, by highlighting a fundamental distinction between defensive and assertive biases, might explain the false contradiction between law as a static and historical phenomenon, and law as a dynamic and promotional element. Socio-legal scholars today have to face the challenge of pursuing a truly interdisciplinary approach, connecting all the fields that can contribute to building a modern theory of normative behavior and social action. Understanding and framing concepts such as rationality, emotion, or justice can help to overcome the significant divide between micro and macro sociological knowledge. Social scientists who are interested in the law must be able to master the epistemological discourses of different disciplines, and to produce fruitful syntheses and bridge-operations so as to understand the legal phenomenon from each different point of view. The book adopts four perspectives: sociological, psychological, biological-evolutionary and cognitive. All of them have the potential to be mutually integrated, and constitute that general social science that provides common ground for exchange. The goal is to arrive at a broad and integrated view of the socio-legal phenomenon, paving the way for a comprehensive theory of norm-oriented and norm-perceived actions.


Evolution and Rationality

Evolution and Rationality

Author: Samir Okasha

Publisher: Cambridge University Press

Published: 2012-06-21

Total Pages: 293

ISBN-13: 1139510517

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This volume explores from multiple perspectives the subtle and interesting relationship between the theory of rational choice and Darwinian evolution. In rational choice theory, agents are assumed to make choices that maximize their utility; in evolution, natural selection 'chooses' between phenotypes according to the criterion of fitness maximization. So there is a parallel between utility in rational choice theory and fitness in Darwinian theory. This conceptual link between fitness and utility is mirrored by the interesting parallels between formal models of evolution and rational choice. The essays in this volume, by leading philosophers, economists, biologists and psychologists, explore the connection between evolution and rational choice in a number of different contexts, including choice under uncertainty, strategic decision making and pro-social behaviour. They will be of interest to students and researchers in philosophy of science, evolutionary biology, economics and psychology.


Transparency and Information Asymmetry in Financial Markets

Transparency and Information Asymmetry in Financial Markets

Author: Daniel Bar Aharon

Publisher: BRILL

Published: 2023-03-27

Total Pages: 71

ISBN-13: 9004549072

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In Financial Transparency & Information Asymmetry: A critical perspective of EU disclosure regime, Daniel Bar Aharon offers an interdisciplinary critical analysis addressing the inherent limitations mandated disclosure have on market discipline.


Transition, Cohesion and Regional Policy in Central and Eastern Europe

Transition, Cohesion and Regional Policy in Central and Eastern Europe

Author: Ruth Downes

Publisher: Routledge

Published: 2019-07-17

Total Pages: 329

ISBN-13: 1351733044

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This title was first published in 2000. One of the most comprehensive overviews of regional development and policy emergence in the Central and East European countries to date, this book focuses on economic and social cohesion, bringing together a wide range of empirical research and discussion material.