
Evolution in Markets and Institutions
Ulrich Witt(Editor)
Physica (Publisher)
Published on 12. June 2012
Book
Paperback/Softback
VIII, 120 pages
978-3-642-50067-1 (ISBN)
Description
Evolutionary economics is the most challenging unorthodox
approach to economic theory that has been developed in the
last decades. The present volume offers a survey as well as
a carefully selected sample of important new insights from a
broad range of topics in economics:
- the dynamics of institutional change
- aggregate employment effects of diffusing innovations
- institutional regimes of long run growth
- indeterminaciesresulting expectation formation in the
economy
- the synergetic approach and its application to market
morphology.
The volume documentsa variety of modeling tools in
evolutionary economics and offers a series ofstimulating
hypotheses and research results. Its reading is a `must' for
all scholars with an interest in economic change.
More details
Edition
Softcover reprint of the original 1st ed. 1993
Language
English
Place of publication
Heidelberg
Germany
Target group
Professional and scholarly
Research
Illustrations
10 s/w Abbildungen
VIII, 120 p. 10 illus.
Dimensions
Height: 244 mm
Width: 170 mm
Thickness: 8 mm
Weight
242 gr
ISBN-13
978-3-642-50067-1 (9783642500671)
DOI
10.1007/978-3-642-50065-7
Schweitzer Classification
Other editions
Additional editions

Ulrich Witt
Evolution in Markets and Institutions
Book
08/1993
Physica
€85.55
Article exhausted; check different version
Content
Evolutionary economics: Some principles.- How do conventions evolve?.- Innovation diffusion, employment and wage policy.- Land use systems and property rights. Evolutionary versus new institutional economics.- The genesis of expectations and of sunspot equilibria.- The master equation approach to nonlinear economics.- Appendix: Programme of the Joint Sessions.