Book Cover; Title; Contents; Preface; INTRODUCTION; SELECTION ARGUMENTS PRO AND CONTRA THE NEOCLASSICAL THEORY OF THE FIRM; BREAKING OPEN THE BLACK BOX: THE NEW THEORY OF THE FIRM; MODELLING THE SELECTION ARGUMENT: NELSON AND WINTER'S EVOLUTIONARY THEORY; FUNCTIONAL EXPLANATION; TWO EVOLUTIONARY MECHANISMS; ALTRUISM AND UNITS OF SELECTION; THE CULTURAL EVOLUTION OF BEHAVIOURAL DISPOSITIONS; A REALIST RECONSTRUCTION OF ECONOMIC EVOLUTIONARY THEORY; Notes; Bibliography; Index
Summary
The new institutional economics offers one of the most exciting research agendas in economics today. The book looks at the differences and similarities between the three main approaches