Microfoundations Of Evolutionary Economics
by Yoshinori Shiozawa(Author)
Formats
Hardback/English
USD 127.00
Description
This book provides for the first time the microfoundations of evolutionary economics. It enables the reader to grasp a new framework for economic analysis that is compatible with evolutionary processes. Any independent economics must contain a value theory (or price theory) and price and quantity adjustment processes. Evolutionary economics rightly and successfully concentrated its efforts on explaining evolutionary processes in technology and institutions. However, it did not have its own valu