Introduction and overview
John Foster () and
Werner Hölzl ()
Chapter 1 in Applied Evolutionary Economics and Complex Systems, 2004 from Edward Elgar Publishing
This book takes up the challenge of developing an empirically based foundation for evolutionary economics built upon complex system theory. The authors argue that modern evolutionary economics is at a crossroads. At a theoretical level, modern evolutionary economics is moving away from the traditional focus of the operation of selection mechanisms and towards concepts of ‘complex adaptive systems' and self-organisation. On an applied level, new and innovative methods of empirical research are being developed and considered. The contributors take up this challenge and examine aspects of complexity and evolution in applied contexts.
Keywords: Economics and Finance (search for similar items in EconPapers)
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