Explore

£ 46.68

Price includes

Import Duties and Taxes. Free shipping available

From GB

An Evolutionary Theory of Economic Change (Belknap Press)

4.5

0 ratings

Product ID: 19495471

Brand:

generic

Add to cart£ 46.68

Spotted a better price elsewhere? Self ship it at cheapest rate!

Learn more

Easy Returns with desertcart PRO

30 day return window

Free replacements & exchanges

Hassle free one-click returns

Customer support

We’re available 24/7 to help you!

Live chat Email

About the item

This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. 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. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.

undefined

Disclaimer: The price shown above includes all applicable taxes and fees. The information provided above is for reference purposes only. Products may go out of stock and delivery estimates may change at any time. desertcart does not validate any claims made in the product descriptions above. For additional information, please contact the manufacturer or desertcart customer service. While desertcart makes reasonable efforts to only show products available in your country, some items may be cancelled if they are prohibited for import in United Arab Emirates. For more details, please visit our Support Page.

Frequently Asked Questions About An Evolutionary Theory of Economic Change (Belknap Press) in GB

Where can I buy An Evolutionary Theory of Economic Change (Belknap Press) online at the best price in the GB?

desertcart is the best online shopping platform where you can buy An Evolutionary Theory of Economic Change (Belknap Press) from renowned brand(s). desertcart delivers the most unique and largest selection of products from across the world especially from the US, UK and India at best prices and the fastest delivery time.

Is An Evolutionary Theory of Economic Change (Belknap Press) available and ready for delivery in GB?

desertcart ships the An Evolutionary Theory of Economic Change (Belknap Press) to London, Birmingham, Manchester, Leeds, Newcastleand more cities in GB. Get unlimited free shipping in 164+ countries with desertcart Plus membership. We can deliver the An Evolutionary Theory of Economic Change (Belknap Press) speedily without the hassle of shipping, customs or duties.

Does desertcart have 100% authentic An Evolutionary Theory of Economic Change (Belknap Press) online?

desertcart buys An Evolutionary Theory of Economic Change (Belknap Press) directly from the authorized agents and verifies the authenticity of all the products. We have a dedicated team who specialize in quality control and efficient delivery. We also provide a free 14 days return policy along with 24/7 customer support experience.

Is it safe to buy An Evolutionary Theory of Economic Change (Belknap Press) on desertcart?

Yes, it is absolutely safe to buy An Evolutionary Theory of Economic Change (Belknap Press) from desertcart, which is a 100% legitimate site operating in 164 countries. Since 2014, desertcart has been delivering a wide range of products to customers and fulfilling their desires. You will find several positive reviews by desertcart customers on portals like Trustpilot, etc. The website uses an HTTPS system to safeguard all customers and protect financial details and transactions done online. The company uses the latest upgraded technologies and software systems to ensure a fair and safe shopping experience for all customers. Your details are highly secure and guarded by the company using encryption and other latest softwares and technologies.