Evolution and Path Dependence in 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 Evolution and Path Dependence in Economic Ideas write by Pierre Garrouste. This book was released on 2001-01-01. Evolution and Path Dependence in Economic Ideas available in PDF, EPUB and Kindle. Since the 1980s there has been a renewed interest in attempts to introduce a sense of history into economic literature. In this text, the authors argue that it is not possible to explain a state of the world without first analyzing the processes that lead to that state.
Intellectual Path Dependence in Economics
Intellectual Path Dependence in Economics - 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 Intellectual Path Dependence in Economics write by Altug Yalcintas. This book was released on 2016-03-10. Intellectual Path Dependence in Economics available in PDF, EPUB and Kindle. Is economics always self-corrective? Do erroneous theorems permanently disappear from the market of economic ideas? Intellectual Path Dependence in Economics argues that errors in economics are not always corrected. Although economists are often critical and open-minded, unfit explanations are nonetheless able to reproduce themselves. The problem is that theorems sometimes survive the intellectual challenges in the market of economic ideas even when they are falsified or invalidated by criticism and an abundance of counter-evidence. A key question which often gets little or no attention is: why do economists not reject theories when they have been refuted by evidence and falsified by philosophical reasoning? This book explores the answer to this question by examining the phenomenon of intellectual path dependence in the history of economic thought. It argues that the key reason why economists do not reject refuted theories is the epistemic costs of starting to use new theories. Epistemic costs are primarily the costs of scarcity of the most valued element in academic production: time. Epistemic scarcity overwhelmingly dominates the evolution of scientific research in such a way that when researchers start off a new research project, they allocate time between replicable and un-replicable research. This book is essential reading for anyone interested in the methodology, philosophy and history of economics.
Increasing Returns and Path Dependence in the Economy
Increasing Returns and Path Dependence in the Economy - 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 Increasing Returns and Path Dependence in the Economy write by W. Brian Arthur. This book was released on 1994. Increasing Returns and Path Dependence in the Economy available in PDF, EPUB and Kindle. Pioneering work on an important new approach to economics.
The Evolutionary Foundations of Economics
The Evolutionary Foundations of Economics - 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 Evolutionary Foundations of Economics write by Kurt Dopfer. This book was released on 2005-05-23. The Evolutionary Foundations of Economics available in PDF, EPUB and Kindle. 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.
Path Dependence and Creation
Path Dependence and Creation - 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 Path Dependence and Creation write by Raghu Garud. This book was released on 2013-05-13. Path Dependence and Creation available in PDF, EPUB and Kindle. The editors, aware of the recent work in evolutionary theory and the science of chaos and complexity, challenge the sometimes deterministic flavor of this subject. They are interested in uncovering the place of agency in these theories that take history so seriously. In the end, they are as interested in path creation and destruction as they are in path dependence. This book is compiled of both theoretical and empirical writings. It shows relatively well-known industries, such as the automobile, biotechnology, and semi-conductor industries in a new light. It also invites the reader to learn more about medical practices, wind power, lasers, and synthesizers. Primarily written for academicians, researchers, and Ph.D. students in fields related to technology management, this book is research-oriented and will appeal to all managers.
