Meta-Rules

Mark Schreiner

Development and Comp Systems from University Library of Munich, Germany

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: meta; theory; economics of economics; evolutionary economics (search for similar items in EconPapers)
JEL-codes: B25 E11 (search for similar items in EconPapers)
Date: 2001-09-05, Revised 2001-12-27
New Economics Papers: this item is included in nep-cdm, nep-evo and nep-mfd
Note: Type of Document - Adobe Acrobat 3.0; prepared on Windows 98; to print on Adobe Acrobat 3.0; pages: ; figures: Included in pdf file
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Related works:
Working Paper: META-RULES (1995)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpdc:0109006

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