Interpreting Economic Change: Evolution, Structures, and Games

Dosi, Giovanni

Interpreting Economic Change: Evolution, Structures, and Games - 2003.


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This work is an attempt, first, to outline the basic building blocks of evolutionary theory in economics and, second, to offer a comparative assessment of different strands of literature which call upon evolutionary ideas of some sort. We sketch out what we consider to be the main results achieved so far by a few different approaches that invoke, evolutionary explanations of economic phenomena and map some overlaps and differences among them. More specifically, we shall consider models and empirical studies in a post-schumpeterian perspective, evolutionary game theories, organizational ecology approaches, artificial economies and a part of literature on adaptative learning.Classification JEL: B25, B41, B52, B53, C63, C79, C80, C81, D21, D83

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