Evolutionary Economics: Post-Schumpeterian ContributionsFirst Published in 1996. Routledge is an imprint of Taylor & Francis, an informa company. |
Common terms and phrases
agents Alchian application approach Artificial Intelligence Axelrod B-firms basic biological brand buyer capital characteristics complex consider created cycles decision-making defined diffusion economic evolution economic system economists emphasise entrepreneurs environment equation equilibrium evolutionary analysis evolutionary economics evolutionary process evolutionary stable strategy explanation F-space firms formulations frequencies function G-set genetic algorithms globally optimal Goodwin growth heuristic ideas imitative search important increase industry innovative and imitative interaction interface iterated iterated games iterated Prisoner's Dilemma logistic logistic curve market shares means mechanisms Nelson and Winter Nelson-and-Winter models notation organisational output paradigms parameters period perspective population possible present principle Prisoner's Dilemma probability problem procedure production profit programming programming language railway relatively relevant routine types routine-1 rules satisficing scheme Schumpeter Schumpeter's Schumpeterian search space selection Simon simple simulation situation specification strategy structure studies synthesis theoretical theory TIT-FOR-TAT Trader's Dilemma traders transactions users variables Walrasian