Arbeitspapier
Economic coordination and dynamics: Some elements of an alternative "evolutionary" paradigm
The paper, largely based on the introduction to Dosi (2012), elaborates on the main interpretative ingredients, methodology and challenges ahead of the evolutionary research program in economics. Telegraphically, such a perspective attempts to understand a wide set of economic phenomena - ranging from microeconomic behaviours to the features of industrial structures and dynamics, all the way to the properties of aggregate growth and development - as outcomes of far-from-equilibrium interactions among heterogeneous agents, characterized by endogenous preferences, most often boundedly rational but always capable of learning, adapting and innovating with respect to their understandings of the world in which they operate, the technologies they master, their organizational forms and their behavioural repertoires. And on methodological grounds, far from disdaining formal modelling and statistical analysis, the research program is, however, largely inductive, taking very seriously indeed empirical regularities at all levels of observation as discipline for the modelling assumptions. Together, the paper places such interpretative perspective against some fundamental questions addressed by the economic discipline in general and against the answers to such questions that contemporary theory has to offer. Such questions fundamentally concern first, the drivers of dynamics and, second, the conditions of coordination among interacting agents.
- Sprache
-
Englisch
- Erschienen in
-
Series: LEM Working Paper Series ; No. 2012/08
- Klassifikation
-
Wirtschaft
- Thema
-
Economic Evolution
Coordination
Dynamics
Bounded Rationality
Agent-based Macro Models
Innovation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dosi, Giovanni
- Ereignis
-
Veröffentlichung
- (wer)
-
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
- (wo)
-
Pisa
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Dosi, Giovanni
- Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
Entstanden
- 2012
Ähnliche Objekte (12)
The agenda for evolutionary economics: Results, dead ends, and challenges ahead
Technological innovation, institutions and human purposefulness in socioeconomic evolution: A preface to Christopher Freeman "System of innovation. Selected essays in evolutionary economics"
Statistical regularities in the evolution of industries: A guide through some evidence and challenges for the theory
Some policy lessons from medical/therapeutic responses to the COVID-19 crisis: A rich research system for knowledge generation and dysfunctional institutions for its exploitation
Technical change and industrial dynamics as evolutionary processes
Income levels and income growth: Some new cross-country evidence and some interpretative puzzles
The "Schumpeterian" and the "Keynesian" Stiglitz: Learning, coordination hurdles and growth trajectories
Division of labor, organizational coordination and markt mechanism in collective problem-solving
Finance, Innovation and Corporate Change
Policy Lessons From Medical Responses to the COVID-19 Crisis
A very reasonable objective still beyond our reach: Economics as an empirically disciplined social science
Technical change and economic growth: Some lessons from secular patterns and some conjectures on the impact of ICT technologies
The agenda for evolutionary economics: Results, dead ends, and challenges ahead
Technological innovation, institutions and human purposefulness in socioeconomic evolution: A preface to Christopher Freeman "System of innovation. Selected essays in evolutionary economics"
Statistical regularities in the evolution of industries: A guide through some evidence and challenges for the theory
Some policy lessons from medical/therapeutic responses to the COVID-19 crisis: A rich research system for knowledge generation and dysfunctional institutions for its exploitation
Technical change and industrial dynamics as evolutionary processes
Income levels and income growth: Some new cross-country evidence and some interpretative puzzles
The "Schumpeterian" and the "Keynesian" Stiglitz: Learning, coordination hurdles and growth trajectories
Division of labor, organizational coordination and markt mechanism in collective problem-solving
Finance, Innovation and Corporate Change
Policy Lessons From Medical Responses to the COVID-19 Crisis
A very reasonable objective still beyond our reach: Economics as an empirically disciplined social science
Technical change and economic growth: Some lessons from secular patterns and some conjectures on the impact of ICT technologies
The agenda for evolutionary economics: Results, dead ends, and challenges ahead
Technological innovation, institutions and human purposefulness in socioeconomic evolution: A preface to Christopher Freeman "System of innovation. Selected essays in evolutionary economics"
Statistical regularities in the evolution of industries: A guide through some evidence and challenges for the theory
Some policy lessons from medical/therapeutic responses to the COVID-19 crisis: A rich research system for knowledge generation and dysfunctional institutions for its exploitation
Technical change and industrial dynamics as evolutionary processes
Income levels and income growth: Some new cross-country evidence and some interpretative puzzles
The "Schumpeterian" and the "Keynesian" Stiglitz: Learning, coordination hurdles and growth trajectories
Division of labor, organizational coordination and markt mechanism in collective problem-solving
Finance, Innovation and Corporate Change
Policy Lessons From Medical Responses to the COVID-19 Crisis
A very reasonable objective still beyond our reach: Economics as an empirically disciplined social science