An Evolutionary Theory of Economic Change - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook An Evolutionary Theory of Economic Change write by Richard R. Nelson. This book was released on 1985-10-15. An Evolutionary Theory of Economic Change available in PDF, EPUB and Kindle. This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
The Economic Evolution of American Health Care
The Economic Evolution of American Health Care - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Economic Evolution of American Health Care write by David Dranove. This book was released on 2009-01-10. The Economic Evolution of American Health Care available in PDF, EPUB and Kindle. The American health care industry has undergone such dizzying transformations since the 1960s that many patients have lost confidence in a system they find too impersonal and ineffectual. Is their distrust justified and can confidence be restored? David Dranove, a leading health care economist, tackles these and other key questions in the first major economic and historical investigation of the field. Focusing on the doctor-patient relationship, he begins with the era of the independently practicing physician--epitomized by Marcus Welby, the beloved father figure/doctor in the 1960s television show of the same name--who disappeared with the growth of managed care. Dranove guides consumers in understanding the rapid developments of the health care industry and offers timely policy recommendations for reforming managed care as well as advice for patients making health care decisions. The book covers everything from start-up troubles with the first managed care organizations to attempts at government regulation to the mergers and quality control issues facing MCOs today. It also reflects on how difficult it is for patients to shop for medical care. Up until the 1970s, patients looked to autonomous physicians for recommendations on procedures and hospitals--a process that relied more on the patient's trust of the physician than on facts, and resulted in skyrocketing medical costs. Newly emerging MCOs have tried to solve the shopping problem by tracking the performance of care providers while obtaining discounts for their clients. Many observers accuse MCOs of caring more about cost than quality, and argue for government regulation. Dranove, however, believes that market forces can eventually achieve quality care and cost control. But first, MCOs must improve their ways of measuring provider performance, medical records must be made more complete and accessible (a task that need not compromise patient confidentiality), and patients must be willing to seek and act on information about the best care available. Dranove argues that patients can regain confidence in the medical system, and even come to trust MCOs, but they will need to rely on both their individual doctors and their own consumer awareness.
The Evolution of Economic Ideas
The Evolution of Economic Ideas - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Evolution of Economic Ideas write by Phyllis Deane. This book was released on 1978-10-05. The Evolution of Economic Ideas available in PDF, EPUB and Kindle. An introduction to the history of economics for undergraduate students. Puts some of the current theoretical controversies into long-term perspective by tracing their historical antecedents and parallels.
The General Theory of Economic Evolution
The General Theory of Economic Evolution - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The General Theory of Economic Evolution write by Kurt Dopfer. This book was released on 2007-09-27. The General Theory of Economic Evolution available in PDF, EPUB and Kindle. The first book to chart the development of the field of evolutionary economics, this book provides an integrated generic framework to define the rules of an economic system; how they are coordinated and the causes and consequences of their change. Packed with pedagogical features including essay and tutorial questions, case studies and an extensive bibliography, this book: proposes a new analytic framework for the study of the nature and causes of long run economic growth and development in market systems analyzes the foundations of the neoclassical tradition, before developing a thesis through micro, meso and macro domains drawing conclusions as to what can be learned from the point of view of policy analysis focuses on an open-systems analytical framework and successfully formulates and refines the analytical foundations of a new general theory of economic evolution. This volume is essential reading for scholars and students of economic evolution and as well as for anyone who seeks to better understand the complex evolutionary nature of the structure and dynamics of the knowledge-based economy in today’s society.
The Evolution of a Nation
The Evolution of a Nation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Evolution of a Nation write by Daniel Berkowitz. This book was released on 2012. The Evolution of a Nation available in PDF, EPUB and Kindle. The book also examines the effects of early legal systems.
