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Knowledge, Institutions and Evolution in Economics

Brian Loasby
€235.60
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Adam Smiths
Applied Price Theory
Appreciative Theory
Augmentable Knowledge
Author_Brian Loasby
bounded
Bounded Rationality
capabilities
Category=KCA
choice
Coase's Problem
Coase’s Problem
competition
Confer
cost
Demand Correspondences
Duhem Quine Problem
economic cognition
economic methodology
Efficient Intertemporal Allocation
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eq_business-finance-law
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eq_isMigrated=2
eq_nobargain
eq_non-fiction
evolutionary approach to markets
evolutionary economics
Ex-ante Optimisation
Follow
General Purpose Problem Solver
Governance Costs
indirect
Indirect Capabilities
institutional analysis
Involuntary Unemployment
Keynes
Langlois 1992a
Marginal Analysis
Non-logical Processes
organisational theory
perfect
policy impact analysis
Property Rights Theories
rational
Selection Arguments
theory
transaction
Transaction Capabilities
Transaction Cost Theory
Transaction Costs

Product details

  • ISBN 9780415205375
  • Weight: 408g
  • Dimensions: 156 x 234mm
  • Publication Date: 18 Feb 1999
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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Description

Winner of the Schumpeter Prize, 2000 and Winner of the Smith Prize in Austrian Economics, 2000, this book explores how the limitations of human knowledge create both opportunities and problems in the modern economy. The growing field of evolutionary economics has developed as a result of the traditional failure of the discipline to explain certain phenomena that impact greatly on the economy. These are:
*Evolution - the impact on the economy of natural change over time
*Institutions - the impact on the economy of government and/or company policy, rules and regulations
*Knowledge - the impact on the economy that is felt when new information becomes available

Knowledge, Institutions and Evolution in Economics is a punchy overview of these topics and one that has become regarded as something of a modern classic that no serious social sciences academic or student should be without.
About Brian Loasby
Brian Loasby has held positions in Aberdeen, Birmingham, Bristol and Stirling, where he is currently Honorary Professor.

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