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

by Jason Potts

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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...

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  • ISBN10 1840645431
  • ISBN13 9781840645439
  • Publish Date 27 November 2000
  • Publish Status Active
  • Publish Country GB
  • Imprint Edward Elgar Publishing Ltd
  • Format Hardcover
  • Pages 256
  • Language English