Economic Evolution, Learning, and Complexity

Economic Evolution, Learning, and Complexity
Title Economic Evolution, Learning, and Complexity PDF eBook
Author Uwe Cantner
Publisher Springer Science & Business Media
Pages 313
Release 2012-12-06
Genre Business & Economics
ISBN 364257646X

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The twelve papers in this collection grew out of the workshop on "Eco nomic Evolution, Learning, and Complexity" held at the University of Augsburg, Augsburg, Germany on May 23-25, 1997. The Augsburg workshop was the second of two events in the Euroconference Series on Evolutionary Economics, the first of which was held in Athens, Greece in September 1993. A special issue of the Journal of Evolutionary Econo mics (1993(4)) edited by Yannis Katsoulacos on "Evolutionary and Neo classical Perspectives on Market Structure and Economic Growth" con tains selected papers from the Athens conference. The Athens conference explored neoclassical and evolutionary perspectives on technological competition and increasing returns. It helped to identify the dis tinguishing features of evolutionary scholarship. The Augsburg workshop was more oriented toward exploring methodological issues in evolutiona of the papers employed new me ry and related scholarship. A number thods, such as genetic programming and experimental analysis, some developed new econometric techniques or raised new empirical issues in evolutionary economics, and some relied on simulation techniques. Twelve papers covering a range of areas were selected for this collection. The papers address central issues in evolutionary and Schumpeterian accounts of industrial competition, learning, and innovation.

The Atlas of Economic Complexity

The Atlas of Economic Complexity
Title The Atlas of Economic Complexity PDF eBook
Author Ricardo Hausmann
Publisher MIT Press
Pages 369
Release 2014-01-17
Genre Business & Economics
ISBN 0262317737

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Maps capture data expressing the economic complexity of countries from Albania to Zimbabwe, offering current economic measures and as well as a guide to achieving prosperity Why do some countries grow and others do not? The authors of The Atlas of Economic Complexity offer readers an explanation based on "Economic Complexity," a measure of a society's productive knowledge. Prosperous societies are those that have the knowledge to make a larger variety of more complex products. The Atlas of Economic Complexity attempts to measure the amount of productive knowledge countries hold and how they can move to accumulate more of it by making more complex products. Through the graphical representation of the "Product Space," the authors are able to identify each country's "adjacent possible," or potential new products, making it easier to find paths to economic diversification and growth. In addition, they argue that a country's economic complexity and its position in the product space are better predictors of economic growth than many other well-known development indicators, including measures of competitiveness, governance, finance, and schooling. Using innovative visualizations, the book locates each country in the product space, provides complexity and growth potential rankings for 128 countries, and offers individual country pages with detailed information about a country's current capabilities and its diversification options. The maps and visualizations included in the Atlas can be used to find more viable paths to greater productive knowledge and prosperity.

Evolution, Order and Complexity

Evolution, Order and Complexity
Title Evolution, Order and Complexity PDF eBook
Author Kenneth Boulding
Publisher Routledge
Pages 398
Release 2002-01-04
Genre Business & Economics
ISBN 1134775849

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Evolution, Order and Complexity reflects topical interest in the relationship between the social and natural worlds. It represents the cutting edge of current thinking which challenges the natural/social dichotomy thesis by showing how the application of ideas which derive from biology can be applied and offer insight into the social realm. This is done by introducing the general system theory to the methodological debate on the relation of human and natural sciences.

The Origin of Wealth

The Origin of Wealth
Title The Origin of Wealth PDF eBook
Author Eric D. Beinhocker
Publisher Harvard Business Press
Pages 556
Release 2006
Genre Business & Economics
ISBN 9781578517770

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Beinhocker has written this work in order to introduce a broad audience to what he believes is a revolutionary new paradigm in economics and its implications for our understanding of the creation of wealth. He describes how the growing field of complexity theory allows for evolutionary understanding of wealth creation, in which business designs co-evolve with the evolution of technologies and organizational innovations. In addition to giving his audience a tour of this field of complexity economics, he discusses its implications for real-world issues of business.

Economic Evolution, Learning, and Complexity

Economic Evolution, Learning, and Complexity
Title Economic Evolution, Learning, and Complexity PDF eBook
Author
Publisher
Pages
Release 1999
Genre
ISBN

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Complexity and Evolution

Complexity and Evolution
Title Complexity and Evolution PDF eBook
Author David S. Wilson
Publisher MIT Press
Pages 409
Release 2016-08-19
Genre Business & Economics
ISBN 0262035383

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An exploration of how approaches that draw on evolutionary theory and complexity science can advance our understanding of economics. Two widely heralded yet contested approaches to economics have emerged in recent years: one emphasizes evolutionary theory in terms of individuals and institutions; the other views economies as complex adaptive systems. In this book, leading scholars examine these two bodies of theory, exploring their possible impact on economics. Relevant concepts from evolutionary theory drawn on by the contributors include the distinction between proximate and ultimate causation, multilevel selection, cultural change as an evolutionary process, and human psychology as a product of gene-culture coevolution. Applicable ideas from complexity theory include self-organization, fractals, chaos theory, sensitive dependence, basins of attraction, and path dependence. The contributors discuss a synthesis of complexity and evolutionary approaches and the challenges that emerge. Focusing on evolutionary behavioral economics, and the evolution of institutions, they offer practical applications and point to avenues for future research. Contributors Robert Axtell, Jenna Bednar, Eric D. Beinhocker, Adrian V. Bell, Terence C. Burnham, Julia Chelen, David Colander, Iain D. Couzin, Thomas E. Currie, Joshua M. Epstein, Daniel Fricke, Herbert Gintis, Paul W. Glimcher, John Gowdy, Thorsten Hens, Michael E. Hochberg, Alan Kirman, Robert Kurzban, Leonhard Lades, Stephen E. G. Lea, John E. Mayfield, Mariana Mazzucato, Kevin McCabe, John F. Padgett, Scott E. Page, Karthik Panchanathan, Peter J. Richerson, Peter Schuster, Georg Schwesinger, Rajiv Sethi, Enrico Spolaore, Sven Steinmo, Miriam Teschl, Peter Turchin, Jeroen C. J. M. van den Bergh, Sander E. van der Leeuw, Romain Wacziarg, John J. Wallis, David S. Wilson, Ulrich Witt

Development and Evolution

Development and Evolution
Title Development and Evolution PDF eBook
Author Stanley N. Salthe
Publisher MIT Press
Pages 388
Release 1993
Genre Psychology
ISBN 9780262193351

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Development and Evolution surveys and illuminates the key themes of rapidly changing fields and areas of controversy that the redefining the theory and philosophy of biology. It continues Stanley Salthe's investigation of evolutionary theory, begun in his influential book Evolving Hierarchical Systems, while negating the implicit philosophical mechanisms of much of that work. Here Salthe attempts to reinitiate a theory of biology from the perspective of development rather than from that of evolution, recognizing the applicability of general systems thinking to biological and social phenomena and pointing towards a non-Darwinian and even a postmodern biology.