Applied Evolutionary Economics
Insights from Biology for Real-World Management
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Beschreibung
This book provides an introduction to concepts in evolutionary theory, such as competition, variability, and adaptation, and how they can be applied to find solutions for real-world management problems. Although the book discusses theories in economics and biology, it is written in an accessible style for practitioners working in business and management. Topics covered include: core economic assumptions, the role of dialectics in building dynamic economic models, the history of evolutionary thought, the evolution of markets, and how resilient economies mirror biological ecosystems. The final chapter discusses the limitations of neoclassical economic models to account for real-world complexity. The book distinguishes itself from similar books in the market due to its brevity and its focus on usability, where others are theoretical but lack clear descriptions of applications.
This book provides an introduction to concepts in evolutionary theory, such as competition, variability, and adaptation, and how they can be applied to find solutions for real-world management problems. Although the book discusses theories in economics and biology, it is written in an accessible style for practitioners working in business and management. Topics covered include: core economic assumptions, the role of dialectics in building dynamic economic models, the history of evolutionary thought, the evolution of markets, and how resilient economies mirror biological ecosystems. The final chapter discusses the limitations of neoclassical economic models to account for real-world complexity. The book distinguishes itself from similar books in the market due to its brevity and its focus on usability, where others are theoretical but lack clear descriptions of applications.
Shows how evolutionary paradigms can be applied to understand economic systems and business strategies Explains evolutionary theory concepts such as adaptation, variation, and selection Provides tools for understanding long-term processes like co-evolution of technologies and institutions
Autor*in
Klaus Solberg Söilen
Themen in »Applied Evolutionary Economics«
Evolutionary economics Dynamic systems Evolutionary theory Complex behavior Adaptive behavior Complex systems Biological paradigms for economics Market competition Market structure Adaptive strategies Emergent behavior Technological disruption Adaptive response Sustainable business Microeconomics