Institutional Structures as Benard Taylor Processeses

Ionut Purica

Journal for Economic Forecasting, 2007, vol. 4, issue 2, 69-75

Abstract: Considering the epistemic and ontological sense of principles and functions and the way they contribute to the creation and evolution of institutional structures a model was developed in which the reaction-diffusion of mimes (Dawkins) in a human niche (Popper) is described as a Brusselator that presents far from equilibrium stabilities of Benard-Taylor type. These dynamic stabilities area associated with the formation and evolution of institutional structures leading to a new interpretation of Heraclit’s ‘panta rei’ principle in visualizing human institutional history.

Keywords: institutions; Benard-Taylor instabilities; reaction diffusion models; mimes dynamic (search for similar items in EconPapers)
JEL-codes: C3 C61 C62 D7 D87 (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:rjr:romjef:v:4:y:2007:i:1:p:69-75

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