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Evolutionary Economics: Program and Scope pp 277–297Cite as

Adapting, Learning and Economizing

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Part of the book series: Recent Economic Thought Series ((RETH,volume 74))

Abstract

Adaptation and learning, having been relatively neglected in the economic literature during recent decades, are receiving renewed attention. In these notes I shall review some definitions, present a brief survey of the use of these concepts, take a somewhat extended look at one of the basic forms, namely, experimentation or trial and error search, and then, to conclude, consider the implications for how we should think about and try to understand economic processes.

An early version of the paper was presented at the Workshop on Expectations and Learning at the University of Siena, Certosa Pontignano, June 20–30, 1990.

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Authors
  1. Richard H. Day
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Editors and Affiliations

  1. University of St. Gallen, Switzerland

    Kurt Dopfer

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© 2001 Springer Science+Business Media New York

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Day, R.H. (2001). Adapting, Learning and Economizing. In: Dopfer, K. (eds) Evolutionary Economics: Program and Scope. Recent Economic Thought Series, vol 74. Springer, Dordrecht. https://doi.org/10.1007/978-94-010-0648-4_9

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  • DOI: https://doi.org/10.1007/978-94-010-0648-4_9

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-3869-0

  • Online ISBN: 978-94-010-0648-4

  • eBook Packages: Springer Book Archive

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