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An Evolutionary Theory of Economic Change

Autor Rr Nelson
en Limba Engleză Paperback – 30 iun 1990
other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
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Specificații

ISBN-13: 9780674272286
ISBN-10: 0674272285
Pagini: 400
Ilustrații: illustrations
Dimensiuni: 154 x 236 x 25 mm
Greutate: 0.61 kg
Ediția:Revised
Editura: Harvard University Press
Locul publicării:United States

Notă biografică

Richard R. Nelson is George Blumenthal Professor of International and Public Affairs, Business, and Law, Emeritus, at Columbia University.

Descriere

Nelson and 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.