Evolutionary Economics
29 Oct 2007 12:37
See also Learning in Games; Memes; QWERTY. The connection to institutional economics is something I want to understand better, but then, I need to learn a lot more about institutionalism.
- Recommended:
- Esben Sloth Andersen, Evolutionary Economics: Post-Schumpetrian Contributions [The man has this hideous way of dragging out obscure methodological arguments, but once you cut through those parts, it's rather good]
- Jenna Bednar and Scott Page, "Games Theory and Culture" [PDF]
- Samuel Bowles, Microeconomics: Behavior, Institutions, and Evolution
- Richard W. England (ed.), Evolutionary Concepts in Contemporary Economics [Contains an absolutely appalling essay by a pair of dyed-in-the-wool Althusserians, and England on entropy isn't much better; but Hodgson is good, and so is Nelson, and the rest are at least passable]
- Herbert Gintis, Game Theory Evolving: A Problem-Centered Introduction to Modeling Strategic Interaction
- Alexis Jacquemin, The New Industrial Organization: Market Forces and Strategic Behavior ["New" in 1985, when this was published in French as Selection et pouvoir dans la nouvelle economie industrielle. Still, good on the relationships between evolutionary processes and strategic behavior, and the weakness of the evolution-to-optimality arguments. The last sections, on sociobiology and the meaning of life, are however very weak.]
- Paul Krugman, "What Economists Can Learn from Evolutionary Theorists"
- Nelson and Winter, An Evolutionary Theory of Economic Change [To be honest, I've not finished this yet, but I have gotten far enough to agree that it deserves to be a standard work]
- Reinhard Selten, "Evolution, Learning, and Economic Behavior", Games and Economic Behavior 3 (1991): 3--24 [In the form of a dialogue between a Bayesian, an economist, an experimental psychologist, an adaptationist biologist, a population geneticist, and an ethologist]
- John Sutton, Technology and Market Structure: Theory and History [Finally an economist who appreciates (a) evolutionary thinking and (b) the importance of neutrality and null models]
- H. Peyton Young, Individual Strategy and Social Structure: An Evolutionary Theory of Institutions
- To read:
- Howard Aldrich, Organizations Evolving
- James Bergin and Barton L. Lipman, 1996, "Evolution with State-Dependent Mutations," Econometrica 64 (1996): 943--956
- Lawrence E. Blume and David Easley
- "If You're So Smart, Why Aren't You Rich? Belief Selection in Complete and Incomplete Markets," SFI Working Paper 01-06-031
- "Optimality and Natural Selection in Markets," SFI Working Paper 98-09-0 82
- Kenneth Boulding, Evolutionary Economics
- Glenn R. Carroll and Michael T. Hannan, The Demography of Corporations and Industries
- Choi, Paradigms and Conventions
- Day and Chen (eds.), Non-Linear Dynamics and Evolutionary Economics
- John De La Mothe and Gilles Paquet (eds.), Evolutionary Economics and the New International Political Economy
- Delmore and Dorfer (eds.), The Political Economy of Diversity: Evolutionary Perspectives on Economic Order and Disorder
- Kurt Dopfer (ed.), The Evolutionary Foundations of Economics
- Steven N. Durlauf and H. Peyton Young (eds.), Social Dynamics
- Wendell Gordon and John Adams, Economics as Social Science: An Evolutionary Approach
- Peter Hall, Innovation, Economics and Evolution: Theoretical Perspectives on Changing Technology in Economic Systems
- David Boyce Hamilton, Evolutionary Economics: A Study of Change in Economic Thought
- Hardy Hanappi, Evolutionary Economics: The Evolutionary Revolution in the Social Sciences
- Michael T. Hannan and John Freeman, Organizational Ecology
- Hodgson
- Evolution and Economics: Bringing Life Back Into Economics
- Economics and Institutions
- Geoffrey M. Hodgson and Thorbjorn Knudsen, "The firm as an interactor: firms as vehicles for habits and routines", Journal of Evolutionary Economics 14 (2004): 281--307
- Richard N. Langlois and Paul L. Robertson, Firms, Markets and Economic Change: A Dynamic Theory of Business Institutions
- Richard R. Nelson, "Evolutionary Theories of Cultural Change: An Empirical Perspective" ["the standard articulations of a Universal Darwinism put forth by biologists and philosophers tends to be too narrow, in particular too much linked to the details of evolution in biology, to fit with what is known about cultural evolution." PDF preprint.]
- Larry Samuelson (no relation of the Samuelson), Evolutionary Games and Equilibrium Selection
- Ekkehart Schlicht, "Social Evolution, Corporate Culture, and Exploitation" [online]
- Sten A. O. Thore, The Diversity, Complexity and Evolution of High Tech Capitalism
- Philippe van Parijs, Evolutionary Explanation in the Social Sciences
- Thorstein Veblen, "Why Is Economics Not an Evolutionary Science?",
Quarterly Journal of Economics 12 (1898): 373--397[JSTOR; plain text transcription]
- Jack J. Vromen, Economic Evolution: An Inquiry into the Foundations of the New Institutional Economics
- Kenton K. Yee, "Ownership and Trade from Evolutionary Games", physics/0210125
