The economic agent as rule maker and rule user: Homo Sapiens Oeconomicus

Abstract.: The paper discusses the micro foundations of evolutionary economics, introducing a unified concept of the economic agent as a rule maker and rule user. Based on recent findings of the neuronal, cognitive and behavioral sciences, Homo Sapiens Oeconomicus emerges as an alternative to Homo Oeconomicus. A taxonomy of rules distinguishing between cognitive, behavioral and blueprint rules and a set of theoretical propositions related to the structure and evolution of those rules are suggeste

Zur Neubestimmung von Geschichte und Theoriegeschichte in den Wirtschaftswissenschaften: Ko-evolution von Wirtschaftsbeobachtung und Wirtschaftswirklichkeit

Economic History and the History of Economic Thought haven been relegated increasingly from the teaching and research curricula of economics in recent years. The paper starts off arguing that this trend is due to the mechanistic ontology of mainstream economics, and it continues setting out an alternative evolutionary ontology expounding how the historical element must and can be integrated into the body of economic theory. Centre stage is a lingua franca composed of analytical terms that are designed to bridge the domains of theoretical and of historical economic analysis. Economists are viewed in their status as observers whose cognitive dispositions as well as social behaviour co-evolve with the environment they inhabit. Further advances in economic theory are seen as being critically dependent on employing an evolutionary approach and on establishing a communication link to economic history and the history of economic thought - which likewise may get essential inspirations from applying that approach. --Neuroeeconomics,Behavioural Economics,Entscheidungsverhalten,Validierung ökonomischer Modelle

Why evolutionary realism underpins evolutionary economic analysis and theory: A reply to Runde's critique

This paper offers a reply to Jochen Runde's critical appraisal of the ontological framework underpinning Dopfer and Potts's (2008) General Theory of Economic Evolution. We argue that Runde's comprehensive critique contains several of what we perceive to be misunderstandings in relation to the key concepts of ‘generic' and ‘meso' that we seek here to unpack and redres

2011,02: Evolution and complexity in economics revisited

The paper discusses recent trends in the sister sciences of evolutionary economics and complexity economics. It suggests that a unifying approach that marries the two strands is needed when reconstructing economics as a science capable of tackling the two key questions of the discipline: complex economic structure and evolutionary economic change. Physics, biology and the cultural sciences are investigated in terms of their usefulness as both paradigmatic orientation and as toolbox. The micro-meso-macro architecture delineated puts meso centre stage, highlighting its significance as structure component and as process component alike, thereby allowing us to handle the key issues of structure and change

Grundzüge der Evolutionsökonomie - Analytik, Ontologie und theoretische Schlüsselkonzepte

Die Arbeit gibt einen Überblick über die Analytik, Ontologie und die theoretischen Schlüsselkonzepte der Evolutionsökonomie. Zentraler Erkenntnisgegenstand der Evolutionsökonomie ist das Wachstum und die Koordination ökonomisch relevanten Wissens. Im Rahmen des dargestellten einheitlichen Regelansatzes wird Wissen definiert als eine Regel, die ihren Trägern (Subjekte, Objekte) spezifische ökonomische Operationen ermöglicht. Es wird unterschieden zwischen einer generischen Ebene, auf der Regeln geschaffen, adoptiert und für Operationen bewahrt (Prozess) und auf der Regeln koordiniert werden (Struktur) und einer operativen Ebene, auf der die laufenden Operationen und Ressourcenbewegungen bei gegebenen Regeln stattfinden. Die Evolutionsökonomie analysiert Problemstellungen der generischen Ebene und ergänzt somit die Analyse des neoklassischen Mainstreams, der auf die Analyse der operativen Ebene zielt. Die zentrale analytische Einheit, die sowohl Komponente für die Darstellung von Struktur (Strukturkomponente), als auch Komponente für die von Prozessen (Prozesskomponente) ist, konstituiert sich als eine Regel (z. B. Technologie) und ihren physischen Raum-Zeit- Aktualisierungen durch eine Population von Trägern (relative Adoptionshäufigkeit). Die analytische Einheit nimmt im Rahmen der herkömmlichen Unterscheidung zwischen Mikro und Makro eine intermediäre Position ein: sie ist Meso. Die endogene Erklärung von Struktur und Prozess verläuft daher parallel mit einer Rekonstruktion der Ökonomie im Sinne einer Mikro-Meso-Makro Architektur. Die Arbeit diskutiert den Homo Sapiens Oeconomicus (Mikro), die Regeldynamik entlang eines logistischen Drei-Phasen-Trajektors (Meso) und schliesst mit wirtschaftspolitischen Anwendungen des generischen Regelansatzes (Makro).Economic Evolution, Evolutionary Economics, Ontology, Unified Rule Approach, Micro-Meso-Macro, Economic Structure and Process, Technology and Institutions, Economic Policy

Ilmu Ekonomi di Masa Depan : menuju paradigma baru

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The economic agent as rule maker and rule user: Homo Sapiens Oeconomicus

The paper discusses the micro foundations of evolutionary economics, introducing a unified concept of the economic agent as a rule maker and rule user. Based on recent findings of the neuronal, cognitive and behavioral sciences, Homo Sapiens Oeconomicus emerges as an alternative to Homo Oeconomicus. A taxonomy of rules distinguishing between cognitive, behavioral and blueprint rules and a set of theoretical propositions related to the structure and evolution of those rules are suggested. Copyright Springer-Verlag Berlin/Heidelberg 2004Micro foundations of economics, Homo Sapiens Oeconomicus, Evolution, Rules, Cognitive, behavioral and neuronal economics,

The participant observer in the formation of economic thought Summa Oeconomiae Perlmanensis

This essay addresses issues related to the History of Economic Thought, Comparative Economic Analysis, and Institutional Economics alluded to in Mark Perlman's "The Character of Economic Thought, Economic Characters, and Economic Institutions". Specifically, some differences between the strands of American Institutionalism and Schumpeterian economics are brought into focus. Against the background of a review, the ideas of a major participant in the historical analysis of economic thought are discussed. The conclusion is that an evolutionary approach to economics would benefit from any attempt to substitute systematic-discursive theorizing for the received genre of an abstract-deductive approach.History of economic thought , Ontology , Epistemology , Participant observer , Institutional economics , American institutionalism , Schumpeterian economics , Learning , Communication , Styles of editing