1st Edition

Policy Implications of Evolutionary and Institutional Economics

210 Pages 27 B/W Illustrations
by Routledge

240 Pages 27 B/W Illustrations
by Routledge

238 Pages 27 B/W Illustrations
by Routledge

This collection is inspired by the coming retirement of Professor Wolfram Elsner. It presents cutting-edge economic research relevant to economic policies and policy-making, placing a strong focus on innovative perspectives. In a changing world that has been shaken by economic, social, financial, and ecological crises, it becomes increasingly clear that new approaches to economics are... Read more

Preface and Acknowledgements

1. Introduction to the Festschrift for Wolfram Elsner

2. Economic Complexity and Trade-offs in Policy Decisions

3. The Psychology of Neoclassical Economists

4. Evolutionary Political Economy and the Complexity of Economic Policy: Power, Knowledge and Learning

5. Using the Social Fabric Matrix to Strengthen the Analysis and Modeling of Complex Systems for Original Institutional Economics

6. Themes in an institutionalist theory of economic policy

7. On the evolutionary foundations of the dynamic capability view: An exercise using the methodology of isolation

8. The Enduring Tension: The Political Economy of Industrial Policy

9. Co-Evolutionary Processes in a Model of Long Run Economic Development

10. Alternative Policies after the Financial Crisis: New Thinking from Complex Evolutionary Economics

11. On crises and changes of growth regimes after the 2008 financial crisis: a regulationist perspective

12. Innovation and National Systems of Innovation Policies: A Network Approach

13. Towards an Interactive System for innovation Policies

Conclusion

Biography

Claudius Gräbner is a research associate and PhD candidate at the Institute of Institutional and Innovation Economics at the University of Bremen, Germany

Torsten Heinrich holds a post-doc position and teaches at the University of Bremen, Germany

Henning Schwardt received his Ph.D. from the University of Bremen in 2012. His has authored and co-authored books on economic development and microeconomics, as well as peer-reviewed articles in many well-known economic journals.