Title
An Evolutionary Theory Of Economic Change (Belknap Press)
Sold by Ergodebooks, an authorized reseller.
Returns accepted within 30 days | support@ergodebooks.com
Shipping Information
- Free Standard Shipping — United States only
- Processing Time: 1–3 business days
- Estimated Delivery: 3–5 business days after dispatch
- Double-boxed, fully insured & discreetly packaged
- Tracking number sent via email once dispatched
- Orders over $250 require signature upon delivery. Taxes calculated at checkout.
Returns & Refund
Returns accepted within 30 days of delivery.
Damaged or Defective Item
Free return shipping + replacement or full refund
Wrong Item Received
Free return shipping + replacement or full refund
Change of Mind
Return shipping at customer's expense · 25% restocking fee applies
Payment Option
This Book Contains The Most Sustained And Serious Attack On Mainstream, Neoclassical Economics In More Than Forty Years. Richard R. Nelson And Sidney G. Winter Focus Their Critique On The Basic Question Of How Firms And Industries Change Overtime. They Marshal Significant Objections To The Fundamental Neoclassical Assumptions Of Profit Maximization And Market Equilibrium, Which They Find Ineffective In The Analysis Of Technological Innovation And The Dynamics Of Competition Among Firms.To Replace These Assumptions, They Borrow From Biology The Concept Of Natural Selection To Construct A Precise And Detailed Evolutionary Theory Of Business Behavior. They Grant That Films Are Motivated By Profit And Engage In Search For Ways Of Improving Profits, But They Do Not Consider Them To Be Profit Maximizing. Likewise, They Emphasize The Tendency For The More Profitable Firms To Drive The Less Profitable Ones Out Of Business, But They Do Not Focus Their Analysis On Hypothetical States Of Industry Equilibrium.The Results Of Their New Paradigm And Analytical Framework Are Impressive. Not Only Have They Been Able To Develop More Coherent And Powerful Models Of Competitive Firm Dynamics Under Conditions Of Growth And Technological Change, But Their Approach Is Compatible With Findings In Psychology And Other Social Sciences. Finally, Their Work Has Important Implications For Welfare Economics And For Government Policy Toward Industry.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: How many pages does the book have? A: This book contains four hundred fifty-two pages. It offers an in-depth exploration of economic theories and practices.
- Q: What is the binding type of this book? A: The book is available in paperback binding. This makes it durable yet flexible for easy reading.
- Q: What are the book's dimensions? A: The book measures six inches in length, one point fourteen inches in width, and nine point zero two inches in height. These dimensions make it a convenient size for reading.
- Q: What is the main focus of this book? A: The main focus is on how firms and industries change over time. It critiques neoclassical economics while proposing an evolutionary theory.
- Q: Who are the authors of the book? A: The authors are Richard R. Nelson and Sidney G. Winter. They are recognized scholars in the field of economics.
- Q: What is the genre of this book? A: The book falls under the category of Economics. It provides a critical analysis of economic change.
- Q: How do I read this book effectively? A: To read this book effectively, consider taking notes on key theories and concepts. Engaging with its critiques and examples will enhance understanding.
- Q: Is this book suitable for beginners in economics? A: Yes, this book is suitable for beginners but may be challenging due to its complex theories. A basic understanding of economics can be helpful.
- Q: Can I use this book for academic studies? A: Yes, this book is ideal for academic studies. It provides substantial insights into economic theories and critiques.
- Q: What is the best way to store this book? A: Store this book in a cool, dry place away from direct sunlight. This will help preserve its condition over time.
- Q: How do I keep this book in good condition? A: To keep the book in good condition, avoid bending the cover and keep it clean. Use a bookmark to prevent page damage.
- Q: Is this book safe for children? A: No, this book is not specifically aimed at children. Its content is complex and more suited for adults or higher education.
- Q: What if the book arrives damaged? A: If the book arrives damaged, contact the seller for a return or exchange. Most sellers have customer service to assist with such issues.
- Q: Does this book include any illustrations or charts? A: No, this book does not include illustrations or charts. It focuses primarily on text-based analysis.
- Q: Is there a digital version available? A: Yes, a digital version may be available through various online retailers. Check platforms like Kindle or other e-book services.
- Q: What are the implications of this book for government policy? A: The book discusses significant implications for welfare economics and government policy toward industry. It provides insights for policy-makers.