An Evolutionary Theory of Economic Change

封面
Harvard University Press, 1982 - 437 頁
7 書評

This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms.

To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium.

The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.

  

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Review: An Evolutionary Theory of Economic Change

用戶評語  - Muhammad al-Khwarizmi - Goodreads

The authors are very insightful but their prose is unfortunately reminiscent of the worst of Thomas Schelling's excesses as an author: often mind-blankingly dense. A person can read the same few ... 閱讀評論全文

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提及本書的作品

Cognition in the Wild
Edwin Hutchins
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Kauffman Foundation: Entrepreneurship Research Portal: An ...
An Evolutionary Theory of Economic Change. (Book). Winter, Sidney G.; Nelson, Richard R. An Evolutionary Theory of Economic Change. 1982. 437 pp. ...
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JSTOR: An Evolutionary Theory of Economic Change
Reviews of books / Comptes rendus 868 Nelson and Winter An Evolutionary Theory of Economic Change by B. CURTIS EATON 871 Leacy, ed. ...
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Richard R. Nelson (economist) - Wikipedia, the free encyclopedia
He is one of the leading figures in the revival of evolutionary economics thanks to his seminal book 'An Evolutionary Theory of Economic Change' (1982) ...
en.wikipedia.org/ wiki/ Richard_R._Nelson_(economist)

organisation theory.qxp
Nelson, rr and sg Winter An evolutionary theory of economic change. (Cambridge, Mass.: Belknap Press, 1982). Reprinted 2005 ...
www.lse.ac.uk/ collections/ MES/ pdf/ peterE8047_Organisation%20theory.pdf

bibliovault - An evolutionary theory of economic change
An evolutionary theory of economic change Richard R. Nelson and Sidney G. Winter Publisher: Harvard University Press, 1982 ISBN-10: 0-674-27228-5 (Paper); ...
www.bibliovault.org/ BV.book.epl?BookId=7913

Universidad Pablo de Olavide. Biblioteca /All Locations
Título, An evolutionary theory of economic change / Richard R. Nelson and Sidney G. Winter. Publicación, Cambridge (Massachusetts) : Belknap Press of ...
athenea.upo.es:2082/ record=b1020970*spi

關於作者 (1982)

Richard R. Nelson is George Blumenthal Professor of International and Public Affairs, Business, and Law, Emeritus, at Columbia University.

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