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An evolutionary theory of economic change

Richard R. Nelson · 1982

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About the book

This book contains the most sustained and serious attack on mainstreem, neoclassical economics in morethan forty years. Nelson and Winter focus their critique on the basic question of how firms and industries cange over time. 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.

Book details

Year
1982
Language
English
Publisher
Belknap Press
Editions
1
Pages
454
ISBN
9780674272286

Data source: Wikidata

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