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The International Energy Association has observed that nearly all countries now offer or are planning feed-in tariffs (FiTs) for solar PV but debate has shifted from ‘if or how to implement a FiT’ to ‘how to move to a self-sustaining market post FiT’. The aim of this paper is to explain...
Persistent link: https://www.econbiz.de/10015232099
The generalised Darwinism heuristic for application in evolutionary economics is evaluated. Although conceptually useful, it is found to be lacking as a basis for empirical research. Instead, the economic self-organisation heuristic is offered as a viable scientific alternative which has an...
Persistent link: https://www.econbiz.de/10015234889
The International Energy Agency has observed that nearly all countries now offer, or are planning, feed-in tariffs (FiTs) for solar PV but the debate has shifted from ‘if or how to implement a FiT’ to ‘how to move to a self-sustaining market post FiT’. The aim of this paper is to explain...
Persistent link: https://www.econbiz.de/10015235068
The behaviour of aggregate consumption is conventionally understood from the perspective of the permanent income and life cycle hypotheses. Both of these hypotheses are deduced from the theory of constrained optimization as applied to a ‘representative agent’ that consumes and saves. An...
Persistent link: https://www.econbiz.de/10015259198
This chapter sets out the design of a scenario framework for the CSIRO Future Grid Cluster’s Project 3. It sets out how the various influences, or driving forces, are separated into four categorised. These being: Policy, States of the World, Sensitivities, and Linkages. The first two, policy,...
Persistent link: https://www.econbiz.de/10015261824
Building on the ontology of evolutionary realism recently proposed by Dopfer and Potts (forthcoming), we develop an analytical framework for evolutionary economics with a micro-meso-macro architecture. The motive for reconception is to make clear the highly complex and emergent nature of...
Persistent link: https://www.econbiz.de/10009483268