The New Evolutionary Microeconomics: Complexity, Competence and Adaptive Behaviour (New Horizons in Institutional and Evolutionary Economics Series Ne

The New Evolutionary Microeconomics: Complexity, Competence and Adaptive Behaviour (New Horizons in Institutional and Evolutionary Economics Series Ne

By: Jason Potts (author)Paperback

Up to 2 WeeksUsually despatched within 2 weeks

Description

This highly innovative and original book proposes evolutionary microeconomics as a synthesis of the collective schools of heterodox economic thought with complex systems theory and graph theory. The book charts a research programme for evolutionary economics that encompasses the theory of dynamic efficiency and emergence in markets, a computational model of the learning and interacting agent, a competence based theory of the firm and the household, and, via a theory of expectations and plans, an agent-based foundation to macroeconomics. Principally a work of meta-theory, The New Evolutionary Microeconomics argues for a radical refocus of microeconomic research toward the evolutionary nature of institutions, preferences, technology and knowledge. This challenging new book should prove timely and important for evolutionary and computational economists as well as those in the fields of managerial economics, business studies and marketing.

About Author

Jason Potts, Principal Research Fellow, RMIT University in Melbourne, Australia

Contents

Contents: 1. Introduction 2. The Geometry of Economic Space 3. Economic Systems 4. Systems Theory and Complexity 5. The Microeconomic Agent 6. Production Systems and Competence 7. The Theory of Expectations 8. Conclusions References Index

Product Details

  • ISBN13: 9781840648959
  • Format: Paperback
  • Number Of Pages: 256
  • ID: 9781840648959
  • ISBN10: 1840648953
  • edition: New edition

Delivery Information

  • Saver Delivery: Yes
  • 1st Class Delivery: Yes
  • Courier Delivery: Yes
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