By Kurt Dopfer
This publication makes a speciality of the rising box of evolutionary fiscal coverage, highlighting the interface among the nation, markets, and the evolutionary complexity of contemporary economies. The participants discover the probabilities and boundaries of governance, and supply a different platform for the development of recent evolutionary financial thought.
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Extra resources for Economics, Evolution And the State: The Governance of Complexity
Sample text
Under consideration. Thus, it is not only a counting of different elements in a set but also the evaluation of these elements due to their static and their dynamic performances. The task to be performed by empirical analyses contains three steps or problems: (1) defining the heterogeneity which is analytically relevant; (2) evaluating the performance of the heterogeneous entities; (3) testing whether the structural development of the entities can be explained by evolutionary conceptions. In this chapter we focus mainly on the two first steps.
Cantner, U. and H. Hanusch (1999), ‘Productivity development – a macro-meso approach’, mimeo, University of Augsburg. , H. Hanusch and A. Pyka (1998), ‘Pushing technological progress forward: a comparison of firm strategies’, in J. Lesourne and A. Orlean (eds), Advances in Self-organization and Evolutionary Economics, London, Paris, Geneva: Economica, pp. 114–45. , H. Hanusch and G. Westermann (1997), ‘Technological performance and variety – the case of the German electronics industry’, in K. Nielsen and Heterogeneity and evolutionary change 39 B.
Economics thereby has the theoretical instrument to derive a judgement like the following. The money equivalent of the advantages of this measure with some people is higher (lower) than 43 44 Economic evolution as open process the money equivalent of the disadvantages of this measure with other people. Hence this measure should (should not) be implemented. I do not want to discuss in this chapter the debate within neoclassical economics concerning compensation principles which, of course, are behind the statement just written down.