Advertisement

Evolutionary Economics and Evolutionary Biology

  • Ulrich Witt
Part of the Studies in Economic Ethics and Philosophy book series (SEEP)

Abstract

Present theorizing in economics is mainly directed towards two goals. First, there is the functionalist endeavor at explaining, or better rationalizing, why certain kinds of behavior and institutions can be observed in the economy. Second, efforts are made to attribute, in a hypothetico-normative manner, certain features, such as efficiency, equity, or optimality, to the outcome of the economic process. Both strands of thought relate to a definition of economics as a discipline which deals with the problem of scarcity. As a result of “nature’s parsimony”, as Ricardo once put it, humans (and probably not only humans, see Ghiselin 1978) have to use scarce means to achieve given ends. An alternative to this latently normative orientation is to interprete economics as a theory of human social behavior in the context of what are usually considered economic activities, namely production, accumulation, distribution, exchange, and consumption. From this perspective, explaining why and how the historically observable forms of production, accumulation, distribution, exchange, and consumption change so significantly and why the changes have accelerated so much in the last few centuries is a natural goal for economic theorizing.

Keywords

Evolutionary Game Theory Conditioned Reinforcer Reciprocal Altruism Primary Reinforcer Economic Domain 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Alchian, A.A.: “Uncertainty, Evolution, and Economic Theory”, Journal of Political Economy,58 (1950), pp. 211–221.Google Scholar
  2. Allen, P.: “Evolution, Innovation, and Economics”, in: G. Dost, C. Freeman, R. Nelson, G. Silverberg, L. Soete (Eds.): Technical Change and Economic Theory,London (Pinter Publishers) 1988, pp. 95–119.Google Scholar
  3. Anderson, E.S.: Evolutionary Economics: Post-Schumpeterian Contributions,London (Pinter) 1994.Google Scholar
  4. Audretsch, D.B.: Innovation and Industry Evolution,Cambridge, Mass. (MIT Press) 1995.Google Scholar
  5. Bandura, A.: Social Foundations of Thought and Action - A Social Cognitive Theory,Englewood Cliffs (Prentice-Hall) 1986.Google Scholar
  6. Boulding, K.E.: Evolutionary Economics,Beverly Hills (Sage Publications) 1981.Google Scholar
  7. Bowler, P.J.: Evolution - the History of an Idea,Berkeley (University of California Press), rev.ed. 1989.Google Scholar
  8. Bowler, P.J.: “Herbert Spencers Idee der Evolution und ihre Rezeption”, in: E.-M. Engels (Ed.): Die Rezeption von Evolutionstheorien im 19. Jahrhundert,Frankfurt (Suhrkamp) 1995.Google Scholar
  9. Boyd, R., Richerson P.J.: Culture and the Evolutionary Process,Chicago (University of Chicago Press) 1985.Google Scholar
  10. Desmond, A. and Moore J.R.: Darwin,London (Michael Joseph) 1991. EDGEWORTH, F.Y.: Mathematical Psychics,London 1881.Google Scholar
  11. Faber, M./Proops, J.L.R.: Evolution, Time, Production and the Environment,Berlin (Springer) 1990.Google Scholar
  12. Fogel, R.W.: “Nutrition and the Decline of Mortalities since 1700: Some Preliminary Findings”, in: S.L. ENGERMAN, R.E. GALLMAN (Eds.): Long-Term Factors in American Economic Growth,Chicago (Chicago University Press) 1986, pp. 439–555.Google Scholar
  13. Friedman, M.: The Methodology of Positive Economics, in: M. Friedman: Essays in Positive Economics,Chicago (University of Chicago Press) 1953. GHISELIN, M.T.: “The Economy of the Body”, American Economic Review,Vol. 68, Papers and Proceedings (1978), pp. 233–237.Google Scholar
  14. Gowdy, J.: Coevolutionary Economics: The Economy, Society and the Environment,Boston (Kluwer) 1994.Google Scholar
  15. Guth, W./Yaari, M.: “Explaining Reciprocal Behavior in Simple Strategic Games: An Evolutionary Approach”, in: U. Wrrr (Ed.): Explaining Process and Change - Approaches to Evolutionary Economics,Ann Arbor (University of Michigan Press) 1992, pp. 23–34.Google Scholar
  16. Hansson, I./Stuart, C.: “Malthusian Selection of Preferences”, American Economic Review,80 (1990), pp. 529–544.Google Scholar
  17. Hayek, F.A.: “Notes on the Evolution of Systems of Rules of Conduct”, in: F.A. HAYEK: Studies in Philosophy and Economics,London (Routledge and Kegan Paul) 1967, pp. 66–81.Google Scholar
  18. Hayek, F.A.: “The Three Sources of Human Values”, Epilogue to Law, Legislation, and Liberty,London (Routledge) 1979.Google Scholar
  19. Hayek, F.A.: The Fatal Conceit,London (Routledge) 1988.Google Scholar
  20. Hermann-Pillath, C.: “A Darwinian Framework for the Economic Analysis of Institutional Change in History”, Journal of Social and Biological Structures,14 (1991), pp. 127–148.Google Scholar
  21. Hirshleifer, J.: “Evolutionary Models in Economics and Law”, Research in Law and Economics,4 (1982), pp. 1–60.Google Scholar
  22. Hodgson, G.M.: Economics and Evolution: Bringing Life Back into Economics,Cambridge (Polity Press) 1993.Google Scholar
  23. Hodgson, G.M.: “The Evolution of Evolutionary Economics”, Scottish Journal of Political Economy (1995).Google Scholar
  24. Khalil, E.L.: “Economics and Biology: Eight Areas of Research”, Methodus,4 (1992), pp. 29–45.Google Scholar
  25. Lea, S.E.G.: “The Analysis of Need”, in: R.L. Mellgren (Ed.): Animal Cognition and Behavior,Amsterdam (North-Holland) 1983, pp. 31–63.Google Scholar
  26. Marshall, A.: Principles of Economics,8th edition, London (MacMillan) 1938.Google Scholar
  27. Matthews, R.C.O.: “Darwinism and Economic Change”, in: D.A. Collard, D.R. Helm, M.F.G. Scott, A.K. Sen (Eds.): Economic Theory and Hicksian Themes, Oxford (Clarendon Press) 1984, pp. 91–117.Google Scholar
  28. Mayr, E.: One Long Argument,Cambridge (Harvard University Press) 1991. METCALFE, S. (1988): “The Diffusion of Innovations: An Interpretative Survey”, in: G. Dosl, C. Freeman, R. Nelson, G. Silverberg, L. Soete (Eds.): Technical Change and Economic Theory,London (Pinter Publishers) 1988, pp. 560–589.Google Scholar
  29. Metcalfe, S. (1989): “Evolution and Economic Change”, in: SILBERSTON (Ed.): Technology and Economic Progress,London (MacMillan) 1989, pp. 54–85.Google Scholar
  30. Mill, J.S.: Principles of Political Economy With Some of Their Applications to Social Philosophy,London (Parker) 1848.Google Scholar
  31. Millenson, J.R.: Principles of Behavioral Analysis,New York (Prentice Hall) 1967.Google Scholar
  32. Mirowski, P.: Against Mechanism - Protecting Economics From Science,Totowa, N.J. (Rowman & Littlefield) 1988.Google Scholar
  33. Nakicenovic, N., Grübler, A. (Eds.): Diffusion of Technologies and Social Behavior,Berlin (Springer) 1991.Google Scholar
  34. Nelson, R.R. and Winter, S.G.: An Evolutionary Theory of Economic Change,Cambridge, Mass. (Harvard University Press) 1982.Google Scholar
  35. Pareto, V.: Cours d’èconomie politique,Lausanne 1896.Google Scholar
  36. Penrose, E.T.: “Biological Analogies in the Theory of the Firm”, American Economic Review,42 (1952), pp. 804–819.Google Scholar
  37. Pimentel, D., Pimentel, M. (Eds.): Food, Energy, and Society,rev. ed., Niwot, CO (University of Colorado Press) 1996.Google Scholar
  38. Pulliam, H.R. and Dunford, C.: Programmed to Learn: An Essay on the Evolution of Culture,New York (Columbia University Press) 1980.Google Scholar
  39. Richards, R.J.: The Meaning of Evolution: The Morphological Construction and Ideological Reconstruction of Darwin’s Theory,Chicago (Chicago University Press) 1992.Google Scholar
  40. Rogers, E.M.: Diffusion of Innovations,3rd ed., New York (Free Press) 1983.Google Scholar
  41. Romer, P.M.: „Increasing Returns and Long-Run Growth“, Journal of Political Economy,94 (1986), pp. 1002–1037.Google Scholar
  42. Saviotti, P.P.: “Information, Variety and Technoeconomic Development”, Research Policy,17 (1988), pp. 89–103.Google Scholar
  43. Saviorri, P.P., Metcalfe, J.S.: “Present Developments and Trends in Evolutionary Economics”, in: P.P. Saviotti, J.S. Metcalfe (Eds.): Evolutionary Theories of Economic and Technological Change,Chur (Harwood Academic Publishers) 1991, pp. 1–30.Google Scholar
  44. Schmitt, G.: Die Comptoise Uhr,Villingen (Müller) 1983.Google Scholar
  45. Schumpeter, J.A.: The Theory of Economic Development,Cambridge, Mass. (Harvard University Press) 1934 (1912).Google Scholar
  46. Skinner, B.F.: “Operant Behavior”, in: W.K. HONIG (Ed.): Operant Behavior - Ar-eas of Research and Application,New York (Meredith) 1966, pp. 12–32.Google Scholar
  47. Smith, A.: The Theory of Moral Sentiments,London/Edinburgh (Millar, Kincaid, and Bell) 1759.Google Scholar
  48. Smith, A.: An Inquiry into the Nature and Causes of the Wealth of Nations,London (Strahan and Cadell) 1776.Google Scholar
  49. Trivers, R.L.: “The Evolution of Reciprocal Altruism”, Quarterly Review of Biology,46 (1971), pp. 35–57.Google Scholar
  50. Usher, A.P.: A History of Mechanical Inventions,Cambridge (Harvard University Press) 1954.Google Scholar
  51. Veblen, T.B.: “Why Is Economics Not an Evolutionary Science?” Quarterly Journal of Economics,12 (1898), pp. 373–397.Google Scholar
  52. Walras, L.: Elements of Pure Economics - On the Theory of Social Wealth,Homewood, Ill. (Irwin) 1954 (1874).Google Scholar
  53. Wedervang, F.: Development of a Population of Industrial Firms,Oslo (Universitetsforlaget) 1965.Google Scholar
  54. Winter, S.G.: “Economic ‘Natural Selection’ and the Theory of the Firm”, Yale Economic Essays,4 (1964), pp. 225–272.Google Scholar
  55. Wrrr, U.: “Economic Behavior and Biological Evolution - Some Remarks on the Sociobiology Debate”, Journal of Institutional and Theoetical Economics,141 (1985), pp. 365–389.Google Scholar
  56. Witt, U.: “Economics, Sociobiology, and Behavioral Psychology on Preferences”, Journal of Economic Psychology,12 (1991), No. 4.Google Scholar
  57. Witt, U.: “Evolutionary Concepts in Economics”, Eastern Economic Journal,18 (1992), pp. 405–419.Google Scholar
  58. Witt, U.: “Moral Norms and Rationality within Populations: An Evolutionary Theory” in: J.C.Pardo, F.Schneider (Eds.): Current Issues in Public Choice,Aldershot (Edward Elgar) 1996, pp. 237–256.Google Scholar
  59. Young, R.M.: Darwin’s Metaphor: Nature’s Place in Victorian Culture,Cambridge (Cambridge University Press) 1988.Google Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 1999

Authors and Affiliations

  • Ulrich Witt

There are no affiliations available

Personalised recommendations