META-RULES

Mark Schreiner

No 28331, Economics and Sociology Occasional Papers - ESO Series from Ohio State University, Department of Agricultural, Environmental and Development Economics

Abstract: Meta-rules, or rules for making rules, determine the costs of innovation and thus the pace of economic growth. Adapting rules to a changing economic environment through explicit, well-designed meta- rules makes economic growth quicker, less painful, and more certain than adapting rules through chance-based evolution.

Keywords: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
Pages: 12
Date: 1995
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https://ageconsearch.umn.edu/record/28331/files/eso2268.pdf (application/pdf)

Related works:
Working Paper: Meta-Rules (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ohsesp:28331

DOI: 10.22004/ag.econ.28331

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