Web Site

Economy-point.org



» Economics » Political economy » Topics begins with E » Evolutionsomik


Page modified: Friday, June 23, 2006 20:48:34

The or "“evolutorische (English: Evolutionary Economics) is a subsection of the economic science. Contrary to the Neoklassik, which is based on physical thinking samples and proceeds primarily from the existence with economic balances on the markets, reconstruct similar the of restaurant economics to the biological evolution: It exists for no market and concomitantly for no enterprise an equilibrium, but a permanent competition between products, which can be aimed at, services, forms of business organization and even Wirtschaftsystemen ensures for the fact that only the competitors can continue, who can correspond on the one hand to the respective environmental requirements and adapt on the other hand to the constantly changing competitive conditions.

In the center of the the change (CHANGE) of markets is located.

Thinking tradition

The evolution-economic movement is based on thinking traditions of:

the Austrian school

  • Friedrich A. Hayek ("“competition as discovery procedures"”)
  • Joseph. A. Schumpeter ("“competition as process of creative destruction"”)

the economic Institutionalismus

  • Thorstein Veblen
  • Ronald Harry Coase ("“The Nature OF the Firm"”)

the classical political economy

  • Thomas's Robert Malthus ("“essay on the Principle OF population"” and/or "“the borders of growth"”)
  • David Ricardo ("“Komparative of advantages"”)

and further economical authors

  • George Lennox Sharmann Shackle ("“The Nature and Role OF profit"”)
  • Nicholas Georgescu Roegen

With appearance of the work at Evolutionary Theory OF Economic CHANGE of Richard R. Nelson and Sidney G. Winter in the year 1982 the term of the in the science was established.

Central one premises

As central premises are considered

  • Historical limitation of development paths, resources etc.; thus a resources heterogeneity of the participants exists by SE;
  • Imperfect information the act your; thus consideration of genuine uncertainty.

Therefore none are absolutely for "“possible best"” solutions from evolution-economic perspective, but there is always an abundance of possible goal-prominent ways. The evolution-economic beginning negates - in the Neoklassik subordinated - the all-knowing, always informed Entscheider, which always the best solution knows and answered in the negative in far parts also the existence of such a absolutely best solution.

Literature

  • Hermann Pillath, Carsten/Lehmann Waffenschmidt, Marco, manual of the Evolutori Berlin 2001
  • Nelson, Richard R./winter, Sidney G., at Evolutionary Theory OF Economic CHANGE, Cambridge 1982

Related links


Page cached: Wednesday, July 5, 2006 14:47:17
Valid XHTML 1.0!  Valid CSS!

Page copy protected against web site content infringement by Copyscape