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Journal of Evolutionary Economics

, Volume 18, Issue 5, pp 547–575

First Online: 12 June 2008


Ever since an -evolutionary- perspective on the economy has been suggested, there have been differing, and partly incommensurable, views on what specifically this means. By working out where the differences lie and what motivates them, this paper identifies four major approaches to evolutionary economics. The differences between them can be traced back to opposite positions regarding the basic assumptions about reality and the proper conceptualization of evolution. The same differences can also be found in evolutionary game theory. Achievements of the major approaches to evolutionary economics and their prospects for future research are assessed by means of a peer survey.

KeywordsEvolution Evolutionary economics Evolutionary game theory Neo-Schumpeterian economics Universal Darwinism Institutional economics JEL ClassificationB15 B25 B41 B52 C73 O10 O30  Download fulltext PDF

Autor: Ulrich Witt

Fuente: https://link.springer.com/

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