The purpose of this work is to present a sort of short selective guide to an enormous and diverse literature on learning processes in economics. We argue that learning is an ubiquitous characteristic of most economic and social systems but it acquires even greater importance in explicitly...

The behavioral theory of the firm has been acknowledged as one of the most fundamental pillars on which evolutionary theorizing in economics has been built. Nelson and Winter’s 1982 book is pervaded by the philosophy and concepts previously developed by Cyert, March and Simon. On the other...

The problem of designing, managing, and coordinating the efforts of different parts of complex organizations is central to the management and organizations literature. A central element, in turn, of Simon's (1962) argument, which provides a foundation for understanding complex organizations, is...

The evolutionary theory of the firm operates on the traditional distinction between entrepreneurs (agents in charge of creating resources) and managers (agents in charge of allocating resources). The evolutionary perspective would be consistent, and stronger, if it recognized the entrepreneur's...