nep-evo New Economics Papers
on Evolutionary Economics
Issue of 2006‒10‒14
two papers chosen by
Matthew Baker
US Naval Academy, USA

  1. Evolutionary Economics and Psychology By Ulrich Witt
  2. Evolution and Walrasian Behavior in Market Games By Alexander Matros; Ted Temzelides

  1. By: Ulrich Witt
    Abstract: Evolutionary economics is a paradigm for explaining the transformation of the economy. To achieve its goal, it needs being founded on a proper theory of economic behavior. The paper discusses these foundations. It is argued that the historical malleability of economic behavior is based on the interactions between innate behavior dispositions and adaptation mechanisms on the one hand and the limited, and always selective, cognitive and observational learning that contributes to an ever more extended and differentiated action knowledge. The implications of this interpretation are outlined in an exemplary fashion for the case of the evolution and growth of consumption. Length 29 pages
    Date: 2006–10
  2. By: Alexander Matros; Ted Temzelides
    Date: 2006–01

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