Central Bank of Nigeria Library

The evolutionary analysis of economic policy /

The evolutionary analysis of economic policy / - Cheltenham, UK ; Northhampton, MA, USA : Edward Elgar, c2003. - xi, 269 p. : - New horizons in institutional and evolutionary economics .

Includes bibliographical references and index.

This important book analyses evolutionary approaches to economic policy. Its main purpose is to explore the policy implications of evolutionary economics, in particular of approaches inspired on the one hand by Schumpeter and revived by Nelson and Winter which deal with industrial evolution under constant institutions and, on the other hand, of approaches inspired by Hayek and North, which analyze the ways in which institutions themselves evolve.

1843762250 9781843762256


Economic policy.
Evolutionary economics.

HB97.3 / .E9 2003

338.9 / EVO