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dc.contributor.authorWitt, Ulrich
dc.date.accessioned2017-05-03T12:44:45Z
dc.date.available2017-05-03T12:44:45Z
dc.date.issued2014
dc.identifier.issn1744-1374
dc.identifier.doi10.1017/S1744137414000253
dc.identifier.urihttp://hdl.handle.net/10072/69071
dc.description.abstractFar from inspiring that paradigmatic shift in economics that was envisioned by its early proponents, 'evolutionary' economics today represents a patchwork of unconnected theories and topics. In other disciplines, evolutionary thinking has induced a paradigm shift, resulting from the adoption of the Darwinian paradigm extended by hypotheses about cultural evolution. Concerning economics, however, even a preliminary discourse on the potential of this paradigm for future theorizing remains controversial. The present paper therefore focuses on the methodological implications of the paradigm. It is shown that hitherto unnoticed common ground can be identified underlying the diversity of approaches to evolutionary economics. It rests in the modalities of causal explanations germane to the Darwinian paradigm. Understanding these modalities also makes it possible to distinguish evolutionary from non-evolutionary research irrespective of the specific theories and topics concerned. The argument is illustrated for the exemplary case of institutional economics.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.languageEnglish
dc.language.isoeng
dc.publisherCambridge University Press
dc.publisher.placeUnited Kingdom
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofpagefrom645
dc.relation.ispartofpageto664
dc.relation.ispartofissue4
dc.relation.ispartofjournalJournal of Institutional Economics
dc.relation.ispartofvolume10
dc.rights.retentionY
dc.subject.fieldofresearchApplied economics
dc.subject.fieldofresearchApplied economics not elsewhere classified
dc.subject.fieldofresearchcode3801
dc.subject.fieldofresearchcode380199
dc.titleThe future of evolutionary economics: Why the modalities of explanation matter
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.facultyGriffith Business School, Department of Accounting, Finance and Economics
gro.hasfulltextNo Full Text
gro.griffith.authorWitt, Ulrich


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