Ratio Working Papers
Interconnecting Ecolutionary, Institutional and Cognitive Economics: Six Steps towards Understanding the Six Links
Abstract: Many students of evolutionary, institutional, and
cognitive economics have been aware that important links among these fields
exist, and several authors have worked on bringing these links to light.
Nevertheless, large parts of these links still remain poorly understood.
Low interest in inter-field cooperation may be one reason, but difficulties
in making these links accessible to meaningful analysis appear more
constraining. After surveying the links, this paper proposes six steps
towards overcoming these difficulties. It then examines how the three
fields together may affect methods and results of economic analysis, in
particular those concerning certain basic policy issues.
Keywords: Institutions; evolutions; unequally bounded cognition; program-based behaviors; information accounting; basic policy issues; (follow links to similar papers)
JEL-Codes: A10; B15; B52; N01; (follow links to similar papers)
21 pages, May 25, 2004
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