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Evolution of Institutions and Organizations

Thomas E. Currie, Peter Turchin, Jenna Bednar, Peter J. Richerson, Georg Schwesinger, Sven Steinmo, Romain Wacziarg, and John J. Wallis

in Complexity and Evolution: Toward a New Synthesis for Economics

Published in print:
2016
Published Online:
May 2017
ISBN:
9780262035385
eISBN:
9780262337717
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262035385.003.0012
Subject:
Economics and Finance, History of Economic Thought

Some economists argue that institutions are the most important factor affecting variation in economic growth. We need, however, to better understand how and why institutions emerge and change. This ... More


Evolvability of Organizations and Institutions

John F. Padgett

in Complexity and Evolution: Toward a New Synthesis for Economics

Published in print:
2016
Published Online:
May 2017
ISBN:
9780262035385
eISBN:
9780262337717
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262035385.003.0011
Subject:
Economics and Finance, History of Economic Thought

To blend evolutionary theory with complexity theory,this chapter uses Padgett and Powell’s. The Emergence of Organizations and Markets to review the evolability of organizations and institutions. ... More


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